Paribas Undertakes Global Drive Into Emerging Markets Currencies

BANKS

LONDON--Paribas Corporation is making a push into global emerging markets with dedicated teams slated for London, New York and Singapore, covering the emerging currencies of Asia, Eastern Europe, Latin America, the Middle East and Africa, says Eric Nicolas, global head of FX in New York.

Paribas launched the initiative in January with the transfer of Eric Kalfon, formerly head of proprietary trading in Paris, to a new position as head of emerging currencies in London. Kalfon has been replaced in

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