Merrill and UBS shake up FX teams

Osman Semerci, Merrill Lynch's London-based global head of fixed income, currencies and commodities (FICC) and New York-based Dale Lattanzio, co-head of Americas FICC, left the US dealer last week.

Semerci became FICC head when Merrill Lynch created the division in July last year, integrating business across all fixed-income sales and trading functions. He assumed the role in addition to responsibilities as co-president of Europe, Middle East and Africa global markets and investment banking (FX

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