Continental Set To Launch Trading Advisory Firm Cardinal Management Slated For October Debut
BANKS
As expected (FX Week, August 31), Continental Bank and a group of its senior traders have formed Cardinal Capital Management, a trading advisory entity established to take proprietary positions for the bank, officials involved in the project confirm. The unit is slated to start operations October 1.
"There is an agreement in place between Continental Bank and several of its senior traders to do proprietary trading. These traders have formed Cardinal Capital Management and will be managing a
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