NAB sets up structured products desk

National Australia Bank's investment bank, nabCapital, has hired Peter Zeitsch as a director to build a structured products business in Singapore. He was previously head of correlation trading at Singapore bank DBS.

Cross-asset structurers Shane Dardis and Jiten Bhanap have joined the team, as director and associate director, respectively. They also arrive from DBS, where they focused on structured credit. The desk reports to Jason Garrett, nabCapital's head of global markets, Asia, in Hong Kong

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