TRADING PLACES
TRADING PLACES
BankAmerica Corporation has let go "a handful" of FX trading and sales staff globally, says an official. The cuts were intended to eliminate the "duplication of positions" following Bank of America's merger with NationsBank. While officials decline to name the departed staff or confirm numbers, one source says three NationsBankers were let go from London, two traders and one sales dealer, Colin Austin. A source says that globally, about 10-15 dealers have gone in the downsizing, representing
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