LOOSE CHANGE

LOOSE CHANGE

First Chicago finally got approval from the U.S. Comptroller of the Currency to launch its currency fund, officials at the bank confirm, though no launch date for the fund or details have yet been revealed. "We are at advanced stages with our legal documentation," says Britt Swofford, a senior vice president at the bank, who confirmed that the initial offering would be an offshore currency fund, but declined to comment further.

Reuters Holdings PLC launched Fx Calc in the U.K. and Ireland Aug

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: