Mitsubishi Bank Folds Options Books In Paris, Brussels into London Desk

BANKS

Mitsubishi Bank has incorporated its Paris and Brussels options books into that of its London operation as part of a general move to expand and upgrade its foreign exchange and options trading in the wake of a reorganisation of the treasury division in major centres last year.

Takashi Morisaki, who became Mitsubishi's treasury manager in London last summer (FX Week, August 2), was formerly the bank's global FX options chief in Tokyo. He says the bank's options book has been run globally for a