BoA realigns under GRCC umbrella
"The reorganisation promotes greater collaboration between the GRCC business lines," Richie Prager, head of GRCC at BoA told FX Week. "First to increase revenues through an integrated sales approach that maximises client opportunities, and second by managing trading risk. We do this by taking a more holistic approach that leverages trading strategies across all products to optimise the use of capital."
The new GRCC function is being headed by Prager, previously global head of commodities in New
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