RBS redundancies claim four in FX

Four directors leave the UK bank in Stamford, US

Royal Bank of Scotland

The Royal Bank of Scotland (RBS) has cut four of its foreign exchange sales team in Stamford, Connecticut, in the US.

Dennis O'Brien and Calum Wallace, who worked in FX institutional sales, along with Clive Standish in e-FX sales and Valerie Krause in FX corporate sales, are all understood to have been let go last week.

O'Brien spent three years at RBS, following a stint out of the market. He was previously a director at Bank of America Merrill Lynch (BAML) until September 2010.

Upon joining RBS

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