More cuts at BoA/Merrill Lynch

GLOBAL - Forex staff at both Bank of America and Merrill Lynch were shown the door last week, in the latest round of cuts by the merged entity, according to market sources.

Jobs were lost in London, New York and Singapore in the second major cull featuring FX employees since the merger was completed on January 1.

In London, those leaving Bank of America include Martin O'Donoghue, who has been heading the spot trading desk for the past four and a half years. He originally joined the bank in late

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