Girozentrale Exits London Interbank FX Market 10-Year Operation Falls Victim To Streamlining
BANKS
In an attempt to streamline operations, Austrian-based Girozentrale und Bank der oesterreichischen Sparkassen AG (Girozentrale), discontinued its foreign exchange and money market trading operations in London on November 14.
"We're transferring the interbank business to Vienna and New York," says Roderick Chamberlain, general manager of Girozentrale's London branch. Girozentrale's London branch has had an active foreign exchange trading operation since 1979.
Although Chamberlain says that the desk
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com