Revamp At UBS London As Thrush Leaves; New U.K. FX Chief From Zurich Named

BANKS

Union Bank of Switzerland in London has reorganised its treasury reporting lines in the wake of treasurer Paul Thrush's resignation last week, a bank spokesperson confirms. The bank also lost corporate sales chief Richard Buch last week to ABN Amro, officials confirm (see related article, this issue), as well a strategic trader, Mark Howe, to JP Morgan earlier this month.

Thrush's job has been divided in two, creating a new job as head of foreign exchange in London and boosting the position of

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