Gentle out and Diehl in at UniCredit

Gentle follows a raft of traders who have left the Italian bank's FX business in recent years

A man running for the exit
Latest exit: Gentle heads for the door after six years at UniCredit

Nick Gentle, global head of FX derivatives at UniCredit in London, is understood to be leaving the Italian bank, FX Week has learned.

He reports to Bernd Bröker, global head of G10 FX.

Meanwhile, Robert Diehl, former global head of emerging markets FX derivatives at UBS, is joining UniCredit’s foreign exchange team in a month’s time.

Sources could not confirm whether the two moves are related, but they say Bröker hired Diehl in an apparent doubling up of roles with Gentle, despite good

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