
LOOSE CHANGE
LOOSE CHANGE
Chicago Research & Trading Group (CRT) finally found its sugar daddy. NationsBank announced its intentions to buy the derivatives firm for $225 million last week, after several other suitors reportedly fell away. But don't look for any major changes in FX. NationsBank, which has several foreign exchange trading rooms in the U.S., but remains a super-regional player, appears most interested in CRT's energy risk management capabilities, sources close to the deal say. NationsBank is the largest
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