Commerz Shuffles The Deck To Bolster European & Emerging Markets Efforts

BANKS

FRANKFURT--Commerzbank restructured its European and emerging markets forex operations under a new management team that was formed last month, says Alfred Schorno, global head of FX in Frankfurt. Commerz is looking to bolster operations in Frankfurt and London as its key risk management centres ahead of European Monetary Union (EMU), he adds.

"We will be scaling down the smaller centres and strengthening London and Frankfurt as our risk centres," says Schorno. "We are looking for a new co

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