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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us

September 2008

FX market round up: StanChart takes McDonald away




Standard Chartered has promoted Todd McDonald to the new role of global head of FX electronic pricing and trading. McDonald, who was previously the bank’s FX trading head, Americas, will now be based in Singapore. As a result of his move, Keith Underwood, currently head of FX trading, UK and Europe, will relocate to New York.







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