
Merrill Lynch departures continue
The bank has lost another four members of its FX sales team in London over the last month. Andrew Brock, UK corporate sales, Peter Larsson, Scandinavian FX sales, Robert Brownlees, hedge fund sales, and Simon Birch, head of emerging market FX, have all left the bank. This exodus and earlier senior departures have been driven by the decision to merge the FX and rates desks, according to a bank source.
Discontent
The source said the departures were triggered by discontent caused by the decision to
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