Standard Chartered Realigns In N.Y. To Incorporate Former LA FX Team

BANKS

Standard Chartered Bank has realigned its FX group in New York and beefed up both its trading and sales teams, officials say. The move follows StanChart's decision in January to fold its Los Angeles office. Since then two traders, two salespeople and senior vice president and manager of the L.A. trading and sales operation, Robert White, have transferred to New York (FX Week, January 31).

StanChart has restructured in New York by separating its sales team from its exotic trading desk, which were

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