Its Money Exchange division was set up in 1981 to handle migrants' remittances from the kingdom.
An electronic publishing company, the Inso Corporation, said yesterday that it was in negotiations to sell its information exchange division to IntraNet Solutions Inc.
"We don't know how we could survive without this system," said Vrinda Chiplunkar, who prepares daily lunches of lentils, vegetables, rice, chapatis and salad for her husband, Chandrashekhar Chiplunkar, who runs the foreign exchange division of Oman International Bank.
HUFFINGTON POST Citigroup Bars Some Traders From Chats on Bloomberg | The Financial Times reports: "Citigroup is banning traders in its foreign exchange division from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues".
These presuppose exchange, division of labour, prices, etc.
The foreign exchange division, where they have to deal with letters of credit that are all written in English.
However, Paul Fisher, the Bank's executive director of markets who was head of its foreign exchange division until 2009, told MPs the minutes referred to traders' complaints over difficult markets, not rigging.
A number of individuals in the foreign-exchange divisions of the banks concerned have been suspended or left, but none has been charged with any wrongdoing.
I was in Europe during that period and had just finished a two-month internship with the Crédit Lyonnais bank's foreign-exchange division.
A British fraud investigation is "unlikely" to bring a move by the Tokyo Stock Exchange to put Olympus on a watch list, according to Kazuyuki Miyaji, a division manager in the exchange's disclosure division.
According to Willis, the bank's wholesale banking division's foreign exchange and interest rate division benefited from the volatility and increased demand for hedging from clients.
