BankAmerica Completes Merger; Announces Remaining Positions


NEW YORK--Bank of America and NationsBank completed their merger last week, forming BankAmerica Corporation, and have announced the final round of appointments in the combined FX trading operation.

The two banks received final approval for the deal from shareholders on September 24, and an official says the new positions came into effect October 1, when the link-up was formalized.

As expected, NationsBank's smaller FX trading and sales operation is essentially being integrated into that of BofA

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