More top changes at BoA

NEWS

Alain Delelis, global head of FX for spot formerly based in London, is to move to New York to head FX for the Americas. Patrick Baune, currently head of FX sales, is to be made global head of marketing for foreign exchange with a remit covering branding across global markets. New York-based Vincent Delorenzo will move to London to become head of FX for EMEA, adding to his existing role as head of short-term interest rate trading.

Meanwhile the bank has signed Frank Rawlins as global head of

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Mixed forecast for FX

LONDON - Foreign exchange teams will avoid the worst of the job cuts in the City of London, although market sources warn no-one will be immune from redundancies.

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