Cudmore out of Nomura

nomura

Mark Cudmore, executive director in foreign exchange sales at Nomura in London, has left the bank.

Cudmore is expected to remain in London and join Commerzbank as head of FX sales to hedge funds for Europe. A spokesperson for Commerzbank declined to confirm the appointment and it is understood the details are still being negotiated.

Cudmore joined Nomura from Lehman Brothers after its bankruptcy in September 2008. He reported locally to Louis Curran.

According to internal sources at Nomura

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