Credit Suisse loses head of FXPB
Paul Houston, global head of foreign exchange prime brokerage (FXPB) at Credit Suisse in London, has left the bank.
Houston joined Credit Suisse from Royal Bank of Scotland in 2009 and was given the task of building up the bank's FX prime brokerage platform. He reported locally to John Dabbs, managing director in prime listed derivatives.
Under Houston's stewardship, Credit Suisse relaunched its FXPB platform in late 2010, with key features including automated trade capture and clearing
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