Credit Lyonnais Globalizes FX Naming Bishop New Global Head

BANKS

Credit Lyonnais has announced that it intends to develop foreign exchange as a global product line. As a consequence of this strategy, some new internal appointments have been made, effective immediately, officials say.

David Bishop, based at CL in London, assumes responsibility as the global forex product line head. Bishop and a team of traders joined CL late last year from Banque Indosuez in London (FXW, November 27). The post of global FX director has been unfilled since Michael Cornford left

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