RBS tries to stem losses

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Royal Bank of Scotland (RBS) appears to be plugging the gaps in its shrinking foreign exchange sales team with the hire of Marco Garavello. He will join the bank sales desk in April to focus on southern Europe, reporting locally to Peter Donnelly, head of FX bank sales for Europe in London.

Garavello joins from Thomson Reuters, where he worked as an analyst on its global treasury chatroom, The Dealing Room (FX Week, November 20, 2009). His stint at Thomson Reuters was short-lived, having joined

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