Rabobank's Di Stefano Leaves As Bank Digests London Cuts

- By FX Markets Staff
- @FXMarkets_
- 21 Jun 1999

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LONDON--Michele Di Stefano, global head of FX at Rabobank International, is said to have left the bank last week in what amounted to a downsizing rather than a closure of the London FX operation, according to market sources.

The Dutch group announced last Thursday that it was axing 105 jobs from the London office, principally in international equities, foreign exchange and FX derivatives.

Sources say about one-third of Rabo's 30-strong FX trading and sales team left the bank last week, with the

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