Crédit Suisse has recruited Malcolm Roberts as its new chief economist-treasury in London from Union Bank of Switzerland where he was head of global bond research. The hire ties in with plans to develop a desk that will concentrate on the emerging markets currencies of Eastern Europe.

Friends and family mourned the loss last week of Peter Heiden, aged 30, a Swiss franc trader with Bank of America who died at his home on Saturday, January 27. The trading rooms of BoA and Chemical Bank, where

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