BZW Plans 1996 Canary Wharf Move For Treasury, Capital Markets Traders

BANKS

Barclays de Zoete Wedd's London markets division, including foreign exchange, is planning to move to Canary Wharf in 18 months, unless negotiations for buying the space in Cabot Square unexpectedly collapse, say officials. The move will finally put traders from the bank's global FX and money markets group together with those from its bond trading and capital markets groups, more than two years after BZW officially "merged" the two under one management (FX Week, Aug. 3, 1992).

According global

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