Midland Restructures FX Options Group After Bassi Jumps To Barclays De Zoete Wedd

- By FX Markets Staff
- @FXMarkets_
- 02 May 1994

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Midland Global Markets has restructured its global options group following the departure of global currency options chief Steve Bassi to Barclays de Zoete Wedd in London April 22, according to MGM director Guy Heald. The group will now report directly to London foreign exchange manager Rob Loewy, he says.

Although Bassi's departure had been expected, his official decision to move came after FX Week's press deadline - he was continuing to negotiate with MGM, which hoped to keep him, until the last

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