Banamex Consolidates Treasury At Mexico City Dealing Centre

- By FX Markets Staff
- @FXMarkets_
- 10 Oct 1994

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Mexico's largest commercial bank, Banco Nacional de Mexico (Banamex), is consolidating treasury operations at its Mexico City dealing centre and Monterrey operations and data processing facility, officials say.

The moves follow a bank-wide review by senior management of Banamex's involvement in foreign exchange, derivatives and money markets.

Banamex's Mexico City front-office foreign exchange staff comprises around 25 people, trading the peso against all the major currencies, according to

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