PERSONNEL

Craig Putnal, a marketing representative for Quotron Systems Inc.'s F/X Trader plans to leave the company this week, a Quotron spokesperson confirms.

Howard Jones, head of Chemical Bank's EMS desk in London, left the recently inflated operation this week to join AIG Trading, where he will head EMS and exotic currency trading, sources at both groups confirm. Contacted at AIG, Jones insists his departure had nothing to do with Chemical's recent merger with Manufacturers Hanover Trust.

Swiss Bank