Nordea closes three forex dealing centres in London

PEOPLE NEWS

COPENHAGEN -- Financial services group Nordea has centralised almost all of its FX operations in Copenhagen and closed three London dealing centres, as it approaches its self-imposed December deadline for grouping four Scandinavian banks under the Nordea brand.

Jens Smedegaard, head of sales, research and international sales and Michael Watson, head of FX trading and money markets, now manage around 25 FX traders and 55 FX sales dealers at Nordea’s dealing centre in Copenhagen, where the

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