London Treasury Managers Predict Positive 1994 In Foreign Exchange For Major Banks
BANKS
Foreign exchange executives at major banks in London are reasonably optimistic about the prospects for a profitable 1994, but most fear the year will probably not be as good for bank trading rooms as 1993.
"This year will be a good year for the industry," says Bo Dahlgren, treasury and capital markets director for Crédit Suisse in London. It won't be as volatile as last year, with the summer's widening of the European Monetary System bands, he says, but "there will be trending in both the foreign
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