Bank Of America Moves To Absorb Continental Bank Forex Operations

BANKS

Bank of America's (BoA) assimilation of recent acquisition Continental Bank's foreign exchange operation into its own is underway and is expected to be completed by December 31, officials say.

The transition plan calls for Continental's Chicago office to serve as a foreign exchange sales satellite of BoA's New York and Los Angeles dealing centres. Three of Continental's spot and forward currency dealers have transferred to Los Angeles, while its existing foreign exchange sales staff remains

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: