KorAm Opens Branch in London To Service Korean Corporates
BANKS
KorAm Bank has opened a branch in London to build on the customer base of Korean corporates operating in the U.K. and broaden the bank's international profile, say Byong Woo Park, treasury manager in London.
The bank has hired Derek Moody, formerly a broker at Tide Brokers, as chief dealer for money markets and foreign exchange and Moon Cho, formerly of CS First Boston, who is charge of securities investment.
Park says Moody will trade spot and forwards and also take proprietary positions for the
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