PERSONNEL

Royal Bank of Canada in London has hired Sophie Colaye of Brandeis Ltd., a London commodities subsidiary of French metals giant Pechiney, to start a forex night desk at the bank, treasury director Martin Klingsick confirms. Colaye, who has been serving FX clients on call on a 24-hour basis, starts February 1, he says.

Paul Brown has been appointed Swift's regional director for the British Isles, the Gulf and Africa, heading a team serving 550 financial institutions. Brown previously worked for