Albert Hoyle, chief dealer at HSBC in Hong Kong, has resigned, confirms a bank source. He is reportedly joining a bank in London, but no further details could be obtained by press time. No replacement has yet been named for Hoyle, says the bank source.

Salomon Brothers hired Terence Y.S. Ngooi as vice president in charge of FX sales and trading in Singapore. Ngooi was formerly vice president and head of proprietary trading at Union Bank of Switzerland in Singapore. Prior to that, he was an

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