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PERSONNEL

Robin Katz has joined Union Bank of Switzerland as a yen trader in New York, sources close to the bank report. Katz is another trader that has chosen to jump from the new Chemical Bank foreign exchange desk.

For those remaining at Chemical, the second level of management has now been solidified, sources there say. Two Chemical vets, William Arnold and Steve Jury, are heading up the spot foreign exchange desk, Varick Martin, formerly manager of Man Han's corporate desk, is now running Chemical's

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