
JP Morgan hit by sales departures
In New York, the bank has seen the departure of Michael Mariano, head of large cap corporates and Gina Sullivan in corporate FX sales.
Meanwhile, in Chicago, the bank has also lost Peter Turk who worked in middle market FX sales. Both Mariano and Turk are joining US rival Merrill Lynch, although their respective roles there are unknown. Mariano and Turk are also understood to be taking a number of junior staff from JP Morgan with them to Merrill.
In London, Serge van Loenhout has left his role as
More on People
Citadel Securities’ head of electronic FX departs
Kevin Kimmel’s departure comes just two weeks after the resignation of sales director Brian Seegers
HSBC appoints Benihasim as global FX head
Hong Kong-based Benihasim replaces Richard Bibbey, who moved to London to run institutional sales
IMC appoints head of FX trading
Ex-UBS exotics head Ramon Puyane to join Dutch market-maker
Citi’s head of FX electronic platforms departs
Ala’a Saeed, who oversaw its single-dealer platform, leaves US bank
Deutsche adds three to FX sales team
German bank recruits institutional sales head in New York, along with hires in London and Paris
Nomura hires Leng for dual global FX trading roles
Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
Capitalab co-founder quits firm
David Bachelier leaves BGC-owned compression venture after seven years
Citi names Stuart Staley FX co-head
US bank’s Asia-Pacific markets head moves to London to work alongside Itay Tuchman