FX Markets

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PEOPLE

James Borden is leaving Chase Manhattan Bank after 32 years, officials confirm (see related article, this issue). Borden was most recently acting as the head of FX sales in New York following the April 1 merger with Chemical Bank.

Credit Agricole has named Francis Herlaut as its new global head of foreign exchange, replacing Bassim Snaije, who has transferred to New York to take over as head of treasury in the US from Jean-Claude Gelhaar, whose rotation in the US expired (see related article

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