FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, January 11, 1991

Citibank realigns North American trading

Citibank effectively eliminated one layer of upper management in its North American trading operation late last month by shifting David Young out of his position as head of governments, derivatives and foreign exchange. The bank was also forced to rejigger its options division after 10-year veteran Lisa Polsky announced her resignation.

London banks brace for another tough year

With the exception of a few bright spots, banks are

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