Union Bank of Switzerland in London has named Andy Ashfield, as head of proprietary trading. Ashfield, formerly on the forwards desk, replaces Bernd Broker who left Union Bank of Switzerland and joined Bear Stearns last month as head of its London operation.

Laura Jean McCarthy, head of FX sales for Union Bank of Switzerland in New York resigned last week, officials confirm. Sources say she is leaving the market.

Global FX sales manager, Richard Crosby, resigned from NationsBank in yet another

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