Hambros Loses Eight Staff Ahead Of SocGen Merger


LONDON--Hambros Bank in London last week let eight treasury staff go as a result of the merger with Societe Generale, say industry sources. The French bank bought Hambros in December and is in the process of integrating the two treasury outfits.

Officials at the London merchant bank decline to comment on the redundancies. However, sources say Keith Nichol, who joined the bank last year as chief dealer, senior spot trader Peter Murphy, and spot traders Lee Osborn and Christine Grassie, have all

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