Brown Brothers Launches Forex Sales Desk In London
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LONDON -- US custodian bank Brown Brothers Harriman launched a foreign exchange sales desk in London last week as part of a European build-up in FX, says global FX sales head Jeff Scott in New York.
The bank previously managed all FX trading and sales for UK and European clients from its 24-hour FX desk in New York. It decided to have permanent FX staff in London following recent gains in the bank’s global market share of FX trading, a London official told FX Week.
Brown Brothers hired former
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