Chemical Bank Names Key FX Executives Managers, Chief Dealers Still Await Word

BANKS

Chemical Bank and Manufacturers Hanover Trust (MHT) announced senior level treasury appointments in the merged bank late last week, ending weeks of suspense for top traders in both banks. The memo, sent to senior bank officers and obtained by FX Week, confirms earlier reports that, with the exception of the derivatives area, the merged treasury will be run chiefly by the current Chemical foreign exchange staff (FX Week, October 18).

The news didn't surprise sources at the banks either. A foreign

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