FX Markets

FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, November 30, 1992

Nordic Banks Benefit From Currency Flotations

The huge financial problems of banks in Norway, Sweden and Finland this year have now been capped by rounds of devaluations in their currencies--a scenario that might bring disaster for Nordic banks' foreign exchange trading rooms.

Quotron Loses FX Sales Head

Quotron Systems' FX staff took another hit last week. William Barnacle, the head of sales for Quotron's foreign exchange business, jumped ship last week, officials there

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