BP America Loses Most Of FX Team From Cleveland Center

- By FX Markets Staff
- @FXMarkets_
- 04 Oct 1993

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A powerplay between British Petroleum's two trading centers of London and Sydney may have sparked several recent departures from the oil major's foreign exchange desk in Cleveland, headquarters of BP America Inc, say market sources.

In addition to losing its director of financial trading Kim Bolton, BP America, formerly Standard Oil, has lost about three of its half dozen traders, sources say. According to one market source, BP, which employs 33,000 persons in the U.S. alone, used to be much more

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