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PEOPLE

MMS hired David Ethridge from American Express Bank as director for currencies strategies for North America. At Amex, Ethridge was most recently in the portfolio management group in dual role as currency overlay manager and market strategist, which included the bond group. Prior to Ethridge's joining in New York, senior currency analyst Callum Henderson transferred to MMS's Hong Kong office.

Don Cambareri has been appointed Prebon Yamane USA Inc's first vice president and co-manager of the

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