NationsBank Loses Another Manager As Crosby Resigns Global Sales Post
BANKS
NationsBank was hit by another high level departure when Richard Crosby, global head of FX sales in London, resigned a little more than a week ago. According to sources, Crosby left because he "got exasperated with the business" and the traders that remain (most of whom were brought in by Crosby), feel they've lost their leader.
These sources say that the problem at NationsBank in large part is the lack of clear direction by management, high costs of senior people brought into the business and
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