First Boston Hunts For Corporate FX Manager But Lack Of Interbank Desk Hinders Process?
NON BANKS
Determined to expand its foreign exchange operations to include a corporate foreign exchange advisory desk (FX Week, December 21), the First Boston Corp. has been on the hunt for a corporate manager for several months, but sources at the investment bank say its efforts have been stymied by its lack of involvement in the interbank market.
"How would [a corporate advisor] bring in business when you don't have interbank traders?" a source at the firm asks. Currently, First Boston's foreign exchange
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