Alpha closes London FX

No FX traders or sales dealers remain at Alpha in London, which has been gradually trimming headcount in FX over the past few years, said the source. When the cuts are completed at the end of November, head of money markets John Cook will be the only remaining staff member from the former treasury and capital markets team.

The treasury team in Athens, comprising 12 FX dealers, remains unchanged under treasurer George Iou, who was not available to comment last week on how many positions have b