Mizuho names spot head

PEOPLE NEWS

LONDON -- Dai-Ichi Kangyo Bank (DKB) group head of FX Allan Patten will head spot FX at Mizuho Corporate Bank in London, when DKB, Fuji Bank and Industrial Bank of Japan (IBJ) integrate operations on April 1.

Patten currently manages six spot traders at DKB, while there are a further 10 spot traders between Fuji and IBJ.

Officials at the three banks declined to comment on how many spot traders will remain once the integration is complete, but one recruitment source in London told FX Week that at

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