PaineWebber Shifts European FX Desk Back To London From Paris After Staff Loss


PaineWebber (PW) is repatriating its foreign exchange trading business in Europe to London from Paris following the bulk of its Paris staff's departure to Smith Barney in May (FX Week, May 16), according to officials. Director Halim Saad in Paris says that despite the staff losses, the U.S.-based investment bank is determined to maintain a presence in all major markets. "We continue to provide a global service to our clients in FX, interest-rate, fixed-income and structured products," says Saad

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: