Lloyds hires two from UBS in Sydney

Aerial view of Sydney

Lloyds Banking Group has boosted its foreign exchange team in Sydney with the appointment of two UBS business heads, Paul Bernasconi and Nathan Pederson, to newly created roles in sales and trading.

Bernasconi started on July 9 as director of foreign exchange institutional sales, reporting to Robert Garwood, global head of FX sales in London, and Diana Lollato, head of sales for Australia. He will be responsible for developing core FX products for financial institutions in Australia and New

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