Kansallis’ Monahan Resigns After Push Comes To Shove?

BANKS

After less than 90 days as senior vice president and chief investment officer of the New York branch of Kansallis-Osake-Pankki (KOP), Joseph Monahan resigned from the Finnish-based bank, according to a KOP official.

Push reportedly came to shove after Monahan proposed that the bank’s 12-person foreign exchange trading desk focus on corporate business and increase its activities in the direct dealing market, particularly with the smaller regional banks across the country, sources at the bank say

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