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BANK OF AMERICA HIRES SPOT FX TRADER IN SINGAPORE

Rory Kennedy joined Bank of America in Singapore in December as a spot FX trader for the Australian dollar. He reports to Steve Nutland, head of FX for the Asia-Pacific region, based in the bank's new consolidated dealing centre in Singapore.

Kennedy joins from UBS Warburg in Singapore, where he was a spot FX trader, reporting to Singapore-based head of FX trading David Hatzidis. A Hong Kong spokesperson says Kennedy will not be replaced.

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