NAB Hires BoA's Richards in New York To Lead US Leg Of Global Expansion

BANKS

National Australia Bank has hired John Richards, formerly the FX trading manager for Bank of America in New York, as its new senior vice president and general manager of the US treasury division, confirms Mike Aynsley, NAB's general manager of the group's treasury, based in Melbourne.

"John brings in more than 20 years experience managing foreign exchange and treasury," says Aynsley. "This is part of a larger effort to build our wholesale banking business."

Part of the build-up in the US treas