FX Markets

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The Royal Bank of Scotland has named Tim Goode director, treasury and capital markets. Goode, who is currently treasury sales director at Midland Bank, is set to succeed John Mather who retires next year. Goode will join the bank in July.

Allied-Lyons, still quivering from its 150 million pounds sterling foreign exchange trading loss, will likely lose its two top executives as well. Sir Derrick Holden-Brown, chairman, and Richard Martin, chief executive, reportedly plan to announce their

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