Standard Chartered (SC) has appointed a new global renminbi trading team led by the global head of RMB trading, and regional head of FX, rates & credit trading in Northeast Asia, Charles Feng. The new SC Global RMB trading team comprises traders across a number of markets including Hong Kong, Shanghai, Taiwan, London and New York, with additional support from trading teams in other locations. An SC spokesperson told SRP that the new team is a sub-set derived from the bank’s global FX, rate