PIPS
PIPS
Bankers Trust is winding down its FX operations in Mexico City, sources say. The five-strong FX desk is gradually being closed, although staff there are still maintaining clients' positions. Among those leaving the bank is the regional manager of the FX/MM division, Javier Aguayo, while the rest are expected to leave by the end of the month, sources say. In future, BT's New York office will provide pricing to customers in Mexico.
CitiGroup was officially born from the marriage between Citibank
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