Singapore growing as commodities finance hub -SocGen

Reuters India, 25 May 2010
SINGAPORE, May 25 (Reuters) - Societe Generale (SOGN.PA: Quote, Profile, Research) said on Tuesday Singapore has emerged as a major commodities financing centre in Asia and has even attracted Middle Eastern companies seeking funding.
The bank will hire two more traders to make a team of four in the commodities trading team based in Singapore, an executive said.
"Hong Kong is the financial centre, but in terms of oil Singapore is taking the lead," said Eric Saux, SocGen's managing director and head of energy and natural resources for Asia. Full Story