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AIG hires ex-Commerzbank options dealers in London

LONDON -- Former Commerzbank FX options dealers Behnouche Mostachfi and Damian Zihlman have joined AIG Trading in London, a spokesperson for the firm told FX Week . Both report to Greenwich-based global head of FX options and head of FX Donald Lee.

Forex dealers desert Pru-Bache

LONDON -- Spot euro dealer Mark Davison will leave Prudential Bache, the international arm of US-based Prudential Securities, in London next month, a spokesperson for the firm in New Jersey told FX Week .

Options staff leave BoA

NEW YORK -- Bank of America has lost three FX options dealers in recent weeks, a spokesperson for the bank in New York told FX Week .

Merrill nabs Goldman dealers

LONDON -- Merrill Lynch in London has hired four European corporate risk managers from Goldman Sachs, the bank announced last week.

Zar Amrolia quits Goldman

LONDON -- Former global head of FX sales at Goldman Sachs, Zar Amrolia, has left the bank after a series of job changes divested him of some of his forex responsibilities.

SG reorganises forex sales

LONDON -- SG will today (March 10) announce the reorganisation of its London FX and FX derivatives sales team into two client-focused units.

Lehman bags Merrill’s Bernal to lead money manager sales

NEW YORK -- FX heavyweight Mike Bernal joined Lehman Brothers in New York last Monday (February 26). He joins in a new position managing all marketing efforts for money managers in foreign exchange, said a spokesperson at Lehman Brothers in New York.

BoA loses global market head

NEW YORK -- Duncan Goldie-Morrison, Bank of America’s global markets chief will leave the firm at the end of this month following a reorganisation of BoA’s global markets group.

Forex unhurt as ING cuts in New York

NEW YORK -- Foreign exchange has been spared in a cull of staff at ING in New York. Only one forex position was cut, said a bank spokesperson, in a spate of departures in January and February.

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