Wachovia closes London FX
PEOPLE NEWS
LONDON -- US bank Wachovia Securities has closed its London FX desk as a result of its merger with First Union Bank, a spokesperson at Wachovia in Charlotte, North Carolina, told FX Week.
The closure entailed four job losses. Treasurer Tony Mulville, FX sales dealer Ken Pringle, FX forwards trader Tina Smith and money markets dealer Lisa Horsham have all left the bank, said the spokesperson.
The move leaves Wachovia with no FX trading presence in London, although some currency operations for
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