First Chicago Reshuffles FX Team To Improve Scope Of Product Line
BANKS
In a reorganization of its trading activities, the First National Bank of Chicago has re-structured its management team and made a number of realignments in foreign exchange. The changes will create a closer-knit First Chicago team by centralizing risk management, say bank sources.
In foreign exchange, the shifts reallocate responsibilities in line with the backgrounds and experience of certain individuals, according to Britt Swofford, now the bank's head of global foreign exchange and options.
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