Royal Bank Of Scotland Opens New Edinburgh Trading Room

BANKS

Royal Bank of Scotland opened its new 36-position dealing room near Edinburgh Airport on June 14, completing the integration of its Glasgow forex and Edinburgh British pound money-market operations (FX Week, July 6).

With £1.5 million spent on technology and systems, and another £1 million on the property, Royal Bank claims the largest and most sophisticated treasury operation north of the border with England, according to Bill McKay, head of the bank's treasury and capital markets Scotland

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