RBS Greenwich Capital has announced that the North American arm of The Royal Bank of Scotland’s foreign exchange (FX) business will now operate out of its headquarters in Greenwich, Conn. Previously the business was in New York.
“The timing of the FX integration with RBS Greenwich Capital is ideal for taking our business to the next level – closer to additional trading businesses, the Greenwich financial institution client base and their market intelligence and insight,” said Graham Broyd, head of Foreign Exchange in North America for RBS Greenwich Capital. “It is a very exciting development for us. The combined offering of fixed income and FX capabilities is yet another opportunity to provide meaningful solutions to our clients across all markets.”
The firm said that there will be no interruption in service during the move and that there will remain the same traders, salespeople, structurers and support staff in Greenwich as there was in New York.
Added Peter Nielsen, Global Head of Foreign Exchange, Currency Options, Equities & Futures at The Royal Bank of Scotland, Corporate Banking and Financial Markets, “RBS has had a world class global Foreign Exchange business for many years, and we are extremely proud of the service we provide to our customers. We expect the move to Greenwich to be seamless for our customers, while providing them with even greater access to a suite of debt capital markets services.”