NationsBank Continues Global Push By Gearing Up Singapore Forex Sales

BANKS

NationsBank is continuing its global expansion in foreign exchange by gearing up its sales and trading operation in Singapore, says global sales chief Richard Crosby.

The bank has hired Mark Stapleton to head the Singapore desk from Royal Bank of Scotland (RBS) in London, where he was deputy global head of spot FX.

Stapleton, who also was a senior mark/yen trader at RBS London, starts at the end of this month. He will report to Crosby, who, although his chief responsibility is for sales, has

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