Tradition buys stake in Singapore brokerage

Compagnie Financiére Tradition, the Lausanne-based moneybroker, has taken a 35% stake in Ong First, a Singapore-based futures broker in a further bid to expand its geographical reach.

The move follows Tradition's December announcement of its plans to acquire the Chapdelaine Companies, a group of US fixed income and credit brokerages.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink