ABN Amro Consolidates North American Trading Operations
BANKS
CHICAGO--ABN Amro has axed six positions from its FX trading and sales operation in Chicago as part of wider cuts to the bank's treasury and fixed income operations in North America.
The headcount reduction is part of a cost-cutting drive, says a bank spokesperson.
Sources say a total of 25 US members of staff were made redundant at the bank's operations in New York and Chicago at the end of last month.
"The reduction was part of an overall annual review of the different business areas," says the
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