PEOPLE

PEOPLE

Bank Austria has confirmed the departure of a couple of traders from its spot foreign exchange operation in London. Heinz Peter Stohl, treasurer at Bank Austria in London, declines to name the rest of the team or confirm precise numbers. "It's an industry where professional people tend to move around," he says. The departing traders have been replaced by Kevin Boxall from Banque Nationale de Paris, Steve Verney from ABSA and Richard Barr from West/LB. Jesse Torres, a spot dealer at the Bank's

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