Tokai Bank Europe Hires Yetman And Three Traders To Launch New FX Trading Division

NEWS

LONDON -- Tokai Bank Europe, a subsidiary of Japan's Tokai Bank, has launched a new FX division with the hire of three new traders in London.

Howard Jones, Richard De Souza and Gareth Edwards all joined the bank in the new year, reporting to manager of the team Tim Yetman, who joined in May 2000. The team will focus on proprietary trading in FX and interest rates.

Yetman told FX Week: "Tokai has a long history of proprietary trading, and the bank saw opportunities in this area." The new team

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