ABN Amro Says FX Jobs Unaffected By Investment-Banking Redundancies
PEOPLE NEWS
AMSTERDAM -- Dutch banking giant ABN Amro last week said that there will be no FX job losses after it announced plans in February to cut 6,000 jobs in the Netherlands.
A spokesperson in London told FX Week that "the bank is at an optimal level" for FX staff following changes in the division over the past year.
The bank transferred all G7 FX trading from Singapore to Sydney in October 2000, with around 15 job losses (FX Week October 16 2000).
That followed the loss of some emerging markets FX
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