NationsBank Plans To Beef Up FX Operation U.S. Desks Follow London, Singapore Revamp
BANKS
NationsBank is in the first phase of what officials there are calling a major expansion plan for its foreign exchange trading operation both here and abroad. The bank, the fourth largest in the U.S. following its merger with C&S Sovran last year, has already revamped its desks in Singapore and London and is now planning to bulk up in the U.S.
Although there are no plans to open new desks in the U.S., the bank plans to increase its staff in all four of its current locations. Paul Tyler, vice
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