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July 2008

FX market round-up: Stan Chart opens in Paris




Standard Chartered has opened a branch in Paris to tap into the considerable flow it already sees from French corporates and financial institutions. The bank says the branch will facilitate access for those French firms looking to capitalize on the huge investment flows between key markets in Asia, Africa and the Middle East. The team in Paris will be led by Raoul Leblanc.







[Silence]

Citi and Bank of America had a common response to Euromoney’s repeated enquiries into what progress they had made towards their headline-grabbing announcements last year to invest $50 billion and $20 billion respectively in green projects. It would seem the credit crisis has forced grandstanding on the environment down the agenda

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