Rabobank-DG Tie Up Advances But London Operation To Stay Intact
BANKS
LONDON--The future of Rabobank's treasury and foreign exchange operation became clearer last week with the news that it will be absorbed into the joint venture with Deutsche Genossenschaftsbank (DG Bank).
Rabo's treasury markets group, which covers foreign exchange, short-term interest rates and currency options, will become part of the joint investment banking venture, DG-Rabo International, a spokesperson at Rabo said last week.
The letter of intent for the tie-up of the Dutch and German banks'
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