CS First Boston Restructures Treasury Globally By Combining Forex And Emerging Markets

NON-BANKS

CS First Boston (CSFB) is combining its global foreign exchange group with its existing emerging markets sales and trading operation. Marc Hotimsky, executive director and head of global FX, leveraged funds and co-head of fixed income for Europe based in London, will run the merged group, officials confirm.

"Since both groups have been making some real inroads into their markets, we put these businesses together to achieve synergies," says Philip Vasan, director and head of FX and emerging

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