Founded in 1978 the Foreign Exchange Committee is an industry group that provides guidance and leadership to the global foreign exchange market. The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York. Past Committee members include: John Spurdle of JP Morgan, Jeff Feig of Citigroup, Lloyd Blankfein of Goldman Sachs, Paul Kimball of Morgan Stanley, Michael deSa of Deutsche Bank, Robert Savage of American Express, Mark De Gennaro of Lehman, and John Key, the current prime minister of New Zealand.
Famous quotes containing the words foreign, exchange and/or committee:
“We should meet each morning, as from foreign countries, and spending the day together, should depart at night, as into foreign countries.”
—Ralph Waldo Emerson (1803–1882)
“Ideal conversation must be an exchange of thought, and not, as many of those who worry most about their shortcomings believe, an eloquent exhibition of wit or oratory.”
—Emily Post (1873–1960)
“Any committee that is the slightest use is composed of people who are too busy to want to sit on it for a second longer than they have to.”
—Katharine Whitehorn (b. 1926)