NAB's new trading head sets sights on EM FX
Locating the global foreign exchange business head of a regional bank in London sends a fairly strong message to the market that the entity concerned is not just confined to its geographic heartland but has global ambitions.
The recent appointment of David Jones as global head of FX trading at National Australia Bank (NAB), in London rather than Sydney, has a similar effect. Like other regional banks that have beefed up their London FX teams in recent years – notably Bank of Montreal
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