Swiss Volksbank Taps Mckenzie To Enhance Cross Rate Profile

BANKS

In an effort to increase its profile in the cross-currency market, Swiss Volksbank (SVB) has recently hired Allan McKenzie, formerly chief dealer at Security Pacific in London, as foreign exchange manager of SVB's London office.

"We seek to take a bigger participation in the [cross- currency] market than we have in the past," says Brian Shubrook, a first vice president and treasurer at SVB in London.

Shubrook says that in addition to strategically trading the Swiss related crosses, McKenzie will

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