Fleet Bank To Close Connecticut Desk But Set To Expand, Upgrade In Boston
BANKS
Fleet Bank of Massachusetts, which had "a phenomenal year" in the markets in 1991, but has been far less successful this year, is looking to grow its foreign exchange trading operation, officials there confirm. However, the move is being made to fill several holes, including those created by its decision to shut down its corporate sales desk in Connecticut.
The bank has also been advertising for a new chief dealer in the wake of Paul Long's departure. Long, who had been with Fleet Bank, and the
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