Mizuho merger continues

PEOPLE NEWS

LONDON -- Dai-Ichi Kangyo (DKB), Fuji Bank and Industrial Bank of Japan (IBJ) are expected to see an exodus of staff from their London dealing centres, as the three banks prepare to integrate operations on April 1.

At Dai-Ichi Kangyo, proprietary FX dealers Nigel Giles and Mark Payne are on temporary leave from the bank. At least one other FX sales dealer is expected to leave later this month, although chief dealer Colin Hill would not comment on how DKB’s FX business would be affected by the

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