NAB gears up for forex options restart

The bank has made two senior appointments in London and Sydney. Clifford Bayne was named Sydney-based head of foreign exchange options for Australia and is to start later this month. Andrew Clark has already begun as head of foreign exchange options for Europe in London. Both report to Jeff Lee, global head of foreign exchange in Sydney, who was hired in November last year from Merrill Lynch (FX Week, November 15, 2004).

Bayne joins the bank from ABN Amro, where he was a senior forex options

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