RBC Realigns FX Business Model For Asia, London
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TORONTO--The Royal Bank of Canada is shortly to bring its global forex operations in line with its fixed-income and commodity businesses.
The bank announced two initiatives this month to realign forex desks in Asia and London along the lines of the business model in Toronto.
In Asia, the bank is relocating its forex trading desk from Singapore to Sydney, to consolidate forex and fixed income trading in one centre.
And in London, the bank has added a staff member to bring trading and sales in forex
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