Investec targets SME FX

The desk is run by James Arnold, head of corporate FX at Investec Bank in London (FX Week, January 8, 2007). Arnold previously headed global dealing at Travelex in London, and moved between the UK, Canada and Australia over a period of 10 years. At Investec, Arnold reports to London-based Dave Van Der Walt, global head of capital markets.

The team is targeting UK clients with more than £2 million ($4.08 million) in FX turnover a year, and firms that have traditionally had limited access to

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