JP Morgan Replaces Persaud; Continuing Drive Into FX Research

BANKS

LONDON--JP Morgan is continuing to develop its currency research team, with the appointment of Alfonso Prat-Gay, says David Theobald, global head of fixed income research strategy.

Prat-Gay will take global responsibility for a six-strong team of foreign exchange and precious metal strategists when he takes up the London-based position by the end of July. He will be in charge of the formulation of currency views and recommendations, and forge the integration of currency and interest rate

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