Hong Kong's Bank Of China Plans Hires On Back Of Strong FX Results, Source Says
BANKS
The Bank of China (BOC), based in Hong Kong, has seen a record year so far in terms of profits from its foreign exchange desk, says a source close to the bank, and as a result, is looking to hire up to five additional FX dealers by the end of the year.
The BOC is one of Hong Kong's three currency-issuing banks. It heads a group of 14 sister banks in the former territory and is believed to hold roughly 25 per cent of the region's Hong Kong dollar deposits. Late last week, the BOC announced that
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