First Chicago NBD Restructures In London; Managers Named For Client- Driven Effort
BANKS
First Chicago NBD, which in October significantly consolidated its forex desks in Chicago and London subsequent to the merger, has restructured the London office and made a number of new hires to refocus the operation on customer business, say bank officials.
A new management structure has been set in place as the bank prepares to move into a larger, "state-of-the-art and purpose-built" dealing room, says Mel Mayne, who continues to lead the London operation as head of FX trading and sales. He
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