LOOSE CHANGE
LOOSE CHANGE
After adding several people in the derivatives area over the past two years, French bank Societe Generale in London found its treasury trading room a little cramped. When the floor above its present room unexpectedly came free, the bank decided to put in a new dealing room. According to treasury director Peter Medlock, the dealers have moved last week, going live with 54 positions. "We're investing for the future," he says, adding that the new room has the potential to house as many as 30 more
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