State Street Forms Markets Team To Boost Global Link

BANKS

LONDON--State Street Bank & Trust has announced that it has folded its FX, research teams and its Global Link online trading platform into a single business unit. The new grouping, Global Trading and Research, forms part of the bank's financial markets division.

The unit, based in Boston, is aimed at boosting the level of client FX business transacted via Global Link by coordinating foreign exchange trading, sales and transaction services globally.

Earlier this year, State Street outlined its

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