Chemical Launches FX Training Programs At Primary Sites In U.S., Europe, Asia

BANKS

Chemical Bank is putting a renewed emphasis on foreign exchange training at primary sites in New York, London, Tokyo and Singapore, as part of a strategy to tighten up its global links now that its merger with Manufacturers Hanover Trust is complete.

Chemical posted $476 million in foreign exchange trading revenues last year, up 65 percent from its 1991 performance, when it first reflected the merger with Manufacturers Hanover. Chemical's foreign exchange team is now aiming to both consolidate

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