State Street Restructures Treasury By Shifting Managers Around Globe

BANKS

State Street Bank & Trust has relocated its international treasury division, headed by senior vice president Stanley Shelton, from London to Boston, completing an 18-month reorganisation, officials say.

Until his August move, Shelton's job was two-fold. One was to run the London branch and the other was to manage the international treasury division, comprised largely of currency trading and currency risk management products including overlay and multi-currency balance sheets, as well as interest

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