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Exshaw rejoins Culham, Carrington
TORONTO - Christian Exshaw, formerly global head of foreign exchange sales, EMEA at Merrill Lynch in London, has resurfaced at CIBC World Markets.
Citi's Sherrard relocates to Asia
LONDON & SINGAPORE - Rodney Sherrard, a foreign exchange options trader for Citi in London, is transferring to the bank's Singapore office to work in correlation trading.
UBS chops 13 in forex
ZURICH - Stephane Treny, global head of foreign exchange corporate sales for UBS, was one of 13 redundancies from the FX team at the Swiss bank's Zurich office last Tuesday (October 28).
Discord at Commerzbank
LONDON – Eddie Listorti and Stefan Guetter have rejected positions offered to them at Commerzbank after the merger with Dresdner Kleinwort takes place.
Ex-Lehman staff form action group
LONDON - A group of around 30 former Lehman Brothers employees in London have formed an action group seeking to win compensation from the collapsed US investment bank.
Ex-Lehman UK staff find new FX roles
LONDON - Deutsche Bank, Credit Suisse, Standard Chartered and JP Morgan have all moved to make further hires from Lehman Brothers' former foreign exchange team.
Mixed forecast for FX
LONDON - Foreign exchange teams will avoid the worst of the job cuts in the City of London, although market sources warn no-one will be immune from redundancies.
Hotspot FX hires Asia sales head
SINGAPORE - Hotspot FX has appointed Trent Beacroft as head of Asia sales in Singapore.
BNP and Deutsche give homes to Lehman staff
LONDON - Not all Lehman Brothers' refugees have ended up at Nomura - BNP Paribas and Deutsche Bank have also stepped in to make hires.
Nomura takes 150 Lehman refugees
LONDON - Richard Gladwin, former global head of foreign exchange at Lehman Brothers in London, is leading an exodus of the defunct bank's FX staff to Nomura, according to market sources in London.
Senior management shake-up at SG
PARIS - Société Générale has made several senior appointments as part of a reshuffle of its senior management.
Gold rush on Lehman's European FX team
LONDON - Dealers are willing to pay top dollar for Lehman Brothers' foreign exchange team in Europe, following the failure of administrator PricewaterhouseCoopers (PwC) to agree a sale of the defunct bank's European fixed-income unit last week.
GFT deepens footprint in London
LONDON - GFT is expanding its London presence, with two hires in the city.
Dresdner heads take top jobs at merged bank
LONDON - Commerzbank has reportedly named Dresdner Kleinwort's Eddie Listorti as head of fixed income and Stefan Gütter as head of sales, in a crucial step in the formation of the newly merged German dealer.
Nomura builds in emerging markets
LONDON - Nomura has hired a five-strong emerging markets foreign exchange team, four of whom formerly worked at Bear Stearns.
Wacker joins JP Morgan
LONDON - JP Morgan is understood to have strengthened its senior foreign exchange salesforce in London by recruiting a former sales head from Dutch rival ABN Amro.
Banks cherry-pick from redundancy fallout
LONDON - Opportunities in foreign exchange continue to provide solace to traders and salespeople who have lost their jobs at collapsed banks Bear Stearns and Lehman Brothers.