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NEWS

Strategy head quits HSBC

HSBC global head of emerging markets FX strategy Mike Newton has left the bank, the desk confirmed. Newton, whose current whereabouts are unknown, is understood to be joining a New York-based hedge fund. He reported to Mark Austin, global head of currency strategy.

BarCap loses in sales

Barclays Capital (BarCap) has lost a member of its FX sales team. James Fauset has left the bank, according to market sources. Fauset, whose current whereabouts are unknown, is understood

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