Banks move in on Boston

FRONT PAGE NEWS

BOSTON -- Bear Stearns and Royal Bank of Scotland are among the international banks setting up forex sales desks in Boston, taking advantage of the centre's established pensions and mutual funds client base, market participants have told FX Week.

David Schoenthal, head of FX at Bear Stearns in New York, said he expects to have three FX sales dealers in Boston by year-end, working alongside the bank's existing fixed-income team there.

"We want to cross-sell the relationships that we have on the

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: