Vontobel intensifies network race with new clients

Vontobel has signed up four buyside clients to its Asia-based Deritrade multi-issuer platform (MIP), the Swiss private bank announced yesterday. The move has highlighted the race between competing regional structured product networks to sign up clients since the launch of a new network, Contineo, in January. Anup Gupta, Deritrade MIP’s Asia head, confirmed that KGI Asia’s Hong Kong arm, Maybank’s Singapore private bank and the Singapore entities of Swiss private banks LGT and Un…