TRADING PLACES
TRADING PLACES
Bank Austria has let go five forex dealers in New York ahead of the bank's planned relocation to Greenwich, Connecticut, by year-end, confirms an official. The FX desk has been reduced to a three person operation as a result of downsizing following the merger with Creditanstalt Bankverein and a "realignment of resources" related to upheaval in the financial markets. The official declines comment on the names of those affected by the cuts.
Tunde Aiyegbusi has joined WestLB in London as a senior
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