StanChart head of FICC leaves

STANDARD Chartered has lost its global head of fixed-income, currency and commodities as departures continue to rise in investment banking amid a worsening financial market.

Singapore-based Remy Klammers, a high-profile hire from Lehman Brothers back in 2008, is expected to begin his own startup, two sources with knowledge of the move said.

A bank spokesman confirmed Klammers’ departure and said his last day was 18 November, but did not provide details such as why he left.