As part of a restructuring at Barclays de Zoete Wedd Australia, Steve Crane, formerly head of equities, has been promoted to chief executive officer of the bank's secondary markets division. Secondary markets includes foreign exchange, money markets, futures, bonds and equities, officials say.

Peter Warren, chief foreign exchange dealer at Rabobank Nederland's London branch, has resigned to join Brown Shipley, the U.K. merchant bank, officials say. Warren's job is being handled by a team member

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