RBS has opened a China desk in London to facilitate business between its Chinese and European clients.
The China desk will be led by Janet Ming, who was most recently head of corporate sales for RBS China. Ming has more than 15 years of experience in the region and has worked on both the corporate and banking sides of the business.
Scott Barton, co-chief executive officer of RBS international banking, says: “The launch of our China desk creates a hub in London to help our clients in Europe in taking advantage of the growth opportunities in one of the world’s most robust economies. It also opens up our global network of 36 countries to our Chinese clients.”
He continues: “As China becomes the largest trade partner to the European Union, we are pleased to be able to leverage our strong network to help our Chinese clients further expand their businesses into the EU.”
Ming adds: “Few Chinese banks have the network or capabilities to serve their clients who wish to expand internationally. Research tells us that Chinese corporates are more comfortable if there is dedicated coverage in their destination market.”
RBS also established its UK-based India desk earlier this year.