Fuji gets the upper hand as Mizuho announces line-up
PEOPLE NEWS
LONDON -- Fuji Bank's Richard Burrows is to head treasury sales for Mizuho Financial in London, when Fuji Bank, Industrial Bank of Japan (IBJ) and Dai-Ichi Kangyo Bank (DKB) combine forces on April 1.
The appointment, added to the location of Mizuho's dealing centre at Fuji's Finsbury Circus location, reinforces fears at IBJ and DKB that Fuji will have the upper hand in FX after the merger, which is expected to produce widespread job cuts.
"Three banks are slimming down into one," said one
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