FX Markets

Exshaw enters consultation period at Merrill Lynch

Exshaw is part of a group of 80 members of staff in the fixed income, currencies and commodities business in the EMEA region to have been notified last Wednesday, that their positions are at risk of redundancy. The other departure from FX is thought to be Vincenzo Galli-Zugaro, who covers investor client operations for the EMEA region. Galli-Zugaro is due to have a hybrid fund of funds and multi-strategy product up and running by the end of the third quarter.

The cuts come a week after the bank

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