Senior FX departures highlight changing market structure

Eleven key figures leaving industry in 2014 is a sign of the times

Top exec has left the building

The recent global departures at the very top of the foreign exchange industry represent a growing trend that is likely to continue this year, as low volatility, decreased client activity and increased compliance duties have irreversibly changed the roles of senior positions at banks, say market participants.

Since the turn of the year, FX Week has reported on 11 departures unconnected with the current FX benchmark investigations, nine of which have been global desk heads at different banks with

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