Banesto Expands Treasury Operations Worldwide Names NatWest's Galbraith Treasurer In N.Y.

BANKS

Banesto Banking Corp. chairman Mario Conde has instituted a number of sweeping changes at the bank, which have not only had a dramatic effect on the Spanish bank's commercial banking operations, but have inspired a marked expansion of its treasury operations around the world as well. According to treasurer Juan Rozas, in the last eighteen months Banesto's treasury has changed from "a small, modest, conservative operation just doing customer transactions and taking no risks to by far the most

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