Deutsche Morgan Grenfell Focuses On Sales With Milan Turning Into An Early Success
BANKS
Since concentrating its FX trading in four key centres on January 1 (FXW, October 30), Deutsche Morgan Grenfell (DMG) is now focusing its attention on its satellite sales centres, say officials.
Domestic subsidiary, Deutsche Bank SPA in Milan, has been an early success story for DMG which, officials say is benefiting from its links to Frankfurt and London and now offers a wider array of products to its customers.
"We're concentrating on the smaller sales centres, building on our commercial
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