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UBS continues to bolster FICC group

HONG KONG & SINGAPORE - UBS has continued to expand its fixed-income, currencies and commodities (FICC) team with the hires of Andy Kleeger and Frank Suen, and the promotion of Gerald Chan.

CIBC in restructure

CIBC has realigned its capital markets business with the departure of Tim Carrington, Toronto-based head of global derivatives and strategic risk last Tuesday (April 13).

Casini quits RBS

Enrico Casini, head of institutional foreign exchange sales for Europe, the Middle East and Africa and head of central banks sales, left Royal Bank of Scotland last week, say internal bank sources.

Morgan Stanley: Prioritising FXPB

Competition in the foreign exchange prime brokerage market remains competitive, as new businesses fill the vacuum left by the withdrawal of incumbent providers and clients spread counterparty risk following the 2008 credit crisis.

UBS loses three in sales

LONDON & STAMFORD, CT - UBS has lost three salespeople on both sides of the Atlantic in the past fortnight. All are due to set up shop at rival camps.

BarCap loses Longmore

LONDON - Richard Longmore, European head of institutional foreign exchange sales, has left Barclays Capital after weeks of speculation from market sources.

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