HBOS sheds London staff

The departures last Wednesday (January 8) of Peter Davey, head of FX sales and Richard Franks, head of spot FX, have removed a "management layer", enabling the bank to manage FX as one desk, said the spokesperson. FX sales dealer Mark Cooper was the third departing staff member.

"As the FX business continues to grow we want our technology to do most of the work, leaving our people more time to manage our risk and service our customers," said the spokesperson.

As part of the reorganisation, FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: