Merrill Lynch culls global head of forex position
The foreign exchange business will now be overseen by London-based co-head of fixed income, currencies and commodities (FICC) in Europe, the Middle East and Africa (EMEA) David Gu. Gu is also global head of rates and currencies.
Culham, meanwhile, is understood to be in talks to terminate his contract with the bank, which would end his second stint at Merrill. He joined in September 2006 from Dresdner Kleinwort, where he had also been global head of FX, and had responsibility for rates flow and
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