State Street Appoints First Global Co-Heads Of Forex

BANKS

BOSTON--State Street Bank & Trust has appointed Michael Kahn and Alan Moore as global co-heads of FX, officials confirm.

Kahn was previously head of FX trading at the bank's headquarters in Boston, while Moore was head of FX trading and sales in London.

The appointments mark the first time the bank has had dedicated global managers for the forex group.

In the past, State Street's FX operations were run on a regional basis with trading and sales hubs in Boston and London.

Trading Hubs

With thes