Salomon's FX Desk Set To Lower Its Risk Profile? Hufschmid Replaces Mozer As Head Of Global FX
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Salomon Brothers Inc.'s bond trading department isn't the only operation that will feel the affects of the widening Treasury securities scandal, officials familiar with the firm say. Salomon's foreign exchange trading operation, which is largely proprietary in nature, will also likely cool its aggressive tendencies, these sources maintain.
Salomon is one of a number of U.S. investment banks that have established an increasingly large share of the foreign exchange market in the last decade
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