LOOSE CHANGE
LOOSE CHANGE
It ain't what it used to be. First Interstate, which reported that foreign exchange trading revenues fell 98 percent to a mere $1 million last year, isn't talking about why that happened, but sources close to the bank say its decline is due to a dramatic downsizing. These sources report that only two traders and two sales people are left on the L.A. desk and that it now does "customer business and customer business only," as one source notes. Robert White, First Interstate's chief trader in L.A
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