UBS London Returns To Full Strength With Spate Of New Hires In FX, Sales

BANKS

Union Bank of Switzerland in London has returned nearly to full strength with a slew of new hires after the bank's FX trading staff was decimated by a spate of departures over the course of this year, say officials. The bank's London treasurer, Yves Perréard, says about 40 of the bank's 65 traders in London left since January, but that most have now been replaced with outside hires and internal moves. UBS has also now started its training programme with some 25 trainees, he says, (FX Week, July

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