Calyon rejigs capital markets
The group has been split into seven divisions, with FX and commodities now headed by London-based global head of FX and commodities Andrew Kellner.
Jon Simmonds, formerly head of FX spot at the French bank in London, recently left to take some time out of the markets (FX Week, April 4). Kellner fills the position in the interim.
Although it is unclear whether Simmonds left as a result of the reorganisation, a bank official said "it will be some time" before his successor is named.
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