West LB closes London prop-trading desk

PEOPLE NEWS

Bank officials declined to comment, but the desk confirmed that Alistair Neeley and Tim McCollough have both left the desk.

McCollough is believed to have parted company with the bank last Monday.

Both traders' current whereabouts are unknown.

Early this year, WestLB closed its FX trading desk in New York to focus more on beefing up its Düsseldorf operation team (FX Week, February 14). G7 traders Scott Spelker and Tim Ligowski both exited the New York office.

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