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Three Traders Exit StanChart’s Credit Desk Amid Selloff

  • UK lender’s global head of credit flow trading leaving bank
  • Asia credit markets hit by slump in China property bonds
Updated on

At least three people involved in credit trading are leaving Standard Chartered Plc amid a property debt crisis in China and an unprecedented selloff in fixed income globally. 

Duncan Robinson, global head of credit flow trading, is leaving the firm, according to people familiar with the matter, who asked not to be identified as they are not authorized to speak publicly. Two traders who primarily focused on Chinese junk bonds are also departing, the people said.