NationsBank Integrates CRT In Foreign Exchange Restructuring

BANKS

NationsBank, one of the U.S.'s fastest growing super-regional banks, is embarking on a restructuring of its foreign exchange division by consolidating part of its Charlotte, N.C.-based operation alongside its derivatives specialists in Chicago, sources say.

In the vanguard of the changes is the appointment of Rick Smith, a partner and chief executive officer at the recently acquired Chicago Research & Trading Group (CRT), to head global foreign exchange for NationsBank. Smith replaces Nick

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