First Chicago To Send O'Gara To London Mulls Moving London FX Options To Chicago

BANKS

In an effort to streamline operations both here and abroad, First National Bank of Chicago (Chi Chi) is planning to send its chief spot dealer, Paul O'Gara, to its branch in London next month as senior sterling trader. In addition, the bank is currently debating whether to move its foreign exchange options operation in London to Chicago.

Although officials at First Chicago's office in London declined to comment on reports that O'Gara would soon be making such a move or that the bank is talkin