JP Morgan Hires Seven In European FX Sales

PEOPLE NEWS

LONDON--JP Morgan is to push foreign exchange sales in Europe for local markets, structured FX products, and investor FX in response to growing client demand.

The bank has hired seven sales people to cover clients in the three divisions to capitalise on growing opportunities, says David Newman, global head of FX and local markets sales.

"We wanted to beef up those areas," says Newman. "We have a very strong brand in local markets and customised derivative solutions with corporate clients.

"On the

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