Dave Tresadern, formerly forwards chief at Union Bank of Switzerland in London, has joined Lloyds Bank in London as a proprietary trader, according to treasury and corporate banking director Alan Moore. Tresadern resigned from UBS last month in connection with what the bank called a "breach of internal procedures" on the forwards desk (FX Week, January 31).

Peter Scott, chief spot yen trader at Union Bank of Switzerland in London has moved to Crédit Lyonnais (CL) in London as chief spot dealer

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