Standard Chartered Global Fixed Income Head Klammers Leaves

Standard Chartered Global Fixed Income Head Klammers Leaves
Standard Chartered rose 1.6 percent to 1,282 pence at 9:34 a.m. in London trading, valuing the bank at 30.5 billion pounds. Photographer: Simon Dawson/Bloomberg

Remy Klammers, global head of fixed income, currencies and commodities at Standard Chartered Plc, has left the company, according to the bank.

His last day was Nov. 18, according to Paul Ewing-Chow, a Singapore-based spokesman for Standard Chartered. Klammers joined the firm in 2008 as global head of fixed income from Lehman Brothers Holdings Inc. His role was broadened to include currencies and commodities in 2010.

Klammers didn’t immediately reply to a voice-mail message on his mobile phone seeking comment on his departure.

Standard Chartered gains more than three quarters of pretax profit from its wholesale, or corporate banking unit led by Mike Rees, which includes the fixed-income division. The bank this month said earnings slowed in the third quarter though the lender still expects to meets its forecast for “double digit” revenue growth this year.

Standard Chartered rose 1.6 percent to 1,282 pence at 9:34 a.m. in London trading, valuing the bank at 30.5 billion pounds ($47 billion).

Klammers was head of structured products for Asia and based in Tokyo when he worked at Lehman Brothers. Before that, he worked at Goldman Sachs Group Inc. for seven years where he was a partner and held positions including head of structured products for Asia and European head of interest-rate products.

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