San Paolo Bank Moves Trading Room Almost Doubling Dealer Positions

BANKS

Istituto Bancario San Paolo di Torino has moved its London trading room from St. Paul's Churchyard to Wren House, around the corner on Carter Lane, as part of an overall bank move, according to one San Paolo forex executive. "After all we had to stay in the St. Paul's area," he jokes, referring to the bank's name. The new trading room almost doubles the number of dealing positions.

The San Paolo official says the move was part of a "general expansion of the bank over the last four years." The

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