Payne leaves HSBC in London

Nat Payne, associate director in the emerging markets foreign exchange team at HSBC in London, has left the bank.

Payne reported locally to Mark Johnson, global head of foreign exchange cash trading. He is understood to have left on March 29 after his position was put at risk of redundancy. He had worked at HSBC for more than 18 years, spending most of his career at the bank. His plans are not yet known.

HSBC has suffered a number of losses in its FX division in recent weeks. Mike Killen, global

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