NationsBank Restructures FX In London; Makes Four Redundancies, Ten New Hires

BANKS

NationsBank in London has begun restructuring and expanding its FX organisation in line with the bank's overall plans to become a bigger market player, bank officials say. The bank has hired some ten dealers since June and made four dealers redundant, global foreign exchange manager Paul Thrush says. The bank also plans a move to a larger dealing room in mid-November, says London FX manager David Allanson.

Thrush confirms that spot dealers Ian Maultrie and Kevin Howes and forwards dealers David

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