Newedge appoints co-heads for commodities and currencies
Multi-asset class brokerage Newedge has appointed Francois Combes and Franck Borgel global co-heads of its commodities and currencies business. They will both join the firm's executive committee.
John Fay, previously global head of currencies and commodities at Newedge, has left the firm.
The appointments come as Société Générale Corporate and Investment Banking (SG CIB) is in negotiations to take full ownership of the firm, having previously held a 50% stake alongside Crédit Agricole.
Borgel
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