Standard Chartered Bank Opens FX Desk In Los Angeles
BANKS
In an attempt to capitalize on foreign exchange trading activity on the West Coast, particularly in the Far Eastern currencies, Standard Chartered Bank opened a foreign exchange trading operation in Los Angeles earlier this year.
Richard Barnett, formerly a senior Far Eastern currency dealer at their head office in London, who is currently heading up the Los Angeles operation for the bank says, "the large amount of trade being done, especially from the Far East, is ideally suited towards us as a
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