Bank Of America Cuts London FX Trading In Continuation Of Restructuring Process

- By FX Markets Staff
- @FXMarkets_
- 04 Nov 1996

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The restructuring at Bank of America (BofA) continues, with last week's cut of as many as 12 foreign exchange traders in London, according to sources. The bank officially says 30 dealers were shed from four areas: foreign exchange, treasury (money markets); central strategic trading; and financial engineering and risk management.

An official says all the cuts were confined to the global capital markets group in London and that FX was hit harder than the other areas. The official declines to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com