First Chicago NBD Officially Inaugurates New UK Room, Evidencing 'Commitment'
BANKS
First Chicago NBD officially opened its new dealing room at One Triton Square on January 22, and Mel Mayne, the bank's European FX manager, says the room evidences the bank's commitment to the forex industry.
"There are two elements to running a successful business: revenues and costs," says Mayne. "The IT costs involved in being in FX are huge--you don't just pay once, you keep paying to stay in the game. A major investment is required to stay in this business and First Chicago wouldn't have
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