StanChart makes global sales push

Declan Clements joins the bank as the head of e-sales for the Middle East, Pakistan and Africa (MEPA), based in Dubai. Clements will oversee sales of rates and foreign exchange e-commerce services in the MEPA region and will report to Tom Roche, global head of e-commerce in Singapore. He previously worked with Saxo Bank in London, where he was a senior manager.

In Mumbai, Masoud Rahman joins as head of e-sales for south Asia. Rahman joins from IS.Teledata/InteractiveData Corporation in London and

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Mixed forecast for FX

LONDON - Foreign exchange teams will avoid the worst of the job cuts in the City of London, although market sources warn no-one will be immune from redundancies.

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