Moving up from down under
The recent appointment of Kieran Salter as Commonwealth Bank of Australia's (CBA) global head of foreign exchange is a clear sign of the new direction in which the Australian bank is seeking to move its FX business. CBA has been active in London for a century, but part of Salter's role is to more actively push the FX franchise outside Australia.
"CBA is committed to an offshore growth strategy across its global markets division. Having combined the FX operation into one team at the start of 2012
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