Handelsbanken Centres Nordic Trading In Stockholm & London

BANKS

STOCKHOLM--Svenska Handelsbanken is transferring its Helsinki FX market making operation to Stockholm and London as part of efforts to concentrate its currency trading operations for the region, officials say. The decision will not involve any staff cuts, although it will involve shifting about a half-dozen FX and fixed income traders and large corporate and institutional sales staff to Sweden and the UK, says Pertti Hiltunen, global head of trading at Handelsbanken Markets' Stockholm

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