Bankers Trust New York Corp. has named Gabriel Teo to head BT Singapore, its South Asia operations.

Mr. Teo had been a country manager for Chase Manhattan Corp.'s activities in Singapore since 1993. Before joining Chase, he was with Citicorp's Citibank unit for 17 years.

Mr. Teo reports to Timothy S. Rattray, chairman of Bankers Trust Asia.

In a separate announcement, BT Securities, a unit of Bankers Trust, has hired Joseph Bencivenga as a managing director in the high-yield capital markets group.

Mr. Bencivenga reports to Art Penn, the managing director and head of the high-yield capital markets group.

Mr. Bencivenga had been a managing director and head of equity emerging markets at Lehman Brothers, joining them last year. Before that, he was head of fixed-income research at Salomon Brothers since 1995.

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