FX Week

FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, January 11, 1993

FX Chief Cornford Quits CIBC for SBC

In a surprise move, Michael Cornford left his post as head of global FX operations for Canadian Imperial Bank of Commerce last week. He is joining Swiss Bank Corp in London.

StanChart Centralizes Options Trading

UK-based Standard Chartered Bank is centralizing its currency options trading into a 24-hour operation in Hong Kong next month, say bank executives. The move comes as the bank puts the finishing touches on a global risk manag