Royal Bank Picks NatWest Head To Lead Combined Forex Team

PEOPLE NEWS

LONDON--Royal Bank of Scotland has exceeded industry expectations, taking five out of seven of its new treasury managers from the NatWest GFM side of its business--despite RBS being the aggressor in the takeover.

RBS has named Stephan Harris as global head of foreign exchange, currency options and equity derivatives in its Financial Markets business. Harris--also named as deputy treasurer--was NatWest’s former group treasurer and chief executive of NatWest GFM.

Howard Kurz, former global head of

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