BoA sells Canada corp arm

The acquisition adds 1,400 small to medium-sized enterprises (SMEs) to the number of corporate customers served by Travelex in Canada, and reinforces the company’s commitment to the North American market, said Yogesh Shetty, London-based director of global corporate FX and risk solutions. "FX payments is our core business so the move was ideal for us," he added.

BoA’s decision to sell was based on its strategy to concentrate resources on core client segments in Canada and globally, said Beau

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