BoA/Fleet management decisions due in January

However, as yet, the merger remains "good news," said Evangelista. Fleet’s FX operation is small and focused -- the bank has 18 front-office staff in its Boston headquarters and five in London. Bank of America has no dedicated FX staff in Boston, which with its sizeable mutual funds client base, is not short of FX business.

FleetBoston recently underwent some management changes of its own when Brian Fehrenbach, head of trading for FX and interest rates, and Tom Corcoran head of sales for FX

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