FX Week

FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, May 17, 1991

Swiss Bank and SecPac Close FX in Australia

Swiss Bank Corp and Security Pacific National Bank have closed their foreign exchange operations in Australia, in what is increasingly becoming a sign of the times "down under." The move follows a similar decision by Midland Bank.

Continental Overhauls Global FX Staff

Continental Bank has dramatically overhauled the management structure of its global foreign exchange operation, sources say. The shake-up appears to have shifted its