FX Markets

FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, April 19, 1993

Creditanstalt Lays Off Dealers

In a move that caught market participants by surprise, Vienna-based Creditanstalt-Bankverein released all but two of its foreign exchange staff in New York as part of a 15 per cent branch-wide staff reduction.

Job Market in London Improves in Spot

The job market for FX traders in London has revived this year in the wake of 1992's high FX earnings, according to London recruiters. Although headhunters see no strong trends in the type of traders

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