Trading places
Pru-bache loses two
Prudential-Bache in London lost Belinda Thornham and Nick Wride from its FX team last week. Talk inside the firm is of John Fallon merging the shrinking FX business into his gold business and centering that business in the US. The London team has now suffered 12 departures in the past four years, and currently stands at only seven people.
Fortis Bank looking to build in Asia
Fortis Bank in Hong Kong is looking to build its forex capabilities, according to an official at the
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