RBS To Boost FX Sales

NEWS

LONDON -- Royal Bank of Scotland (RBS) will hire at least six new FX and derivatives sales dealers in London by the end of 2001, Stephan Harris, deputy treasurer and global head of FX at RBS in London told FX Week. The hires will boost the growing FX sales division, which has expanded since RBS's takeover of NatWest one year ago, said Harris.

"Initially we felt that if there was a substantial overlap [between the two banks' trading operations] we would lose a lot more staff, but we added staff

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