Dealers leave Fimat Chicago

FX traders Julie Dell, Ken Hoffman, PJ Morrison and Dick Wallis all left the Chicago-based firm following a streamlining of the business, sources told FX Week. All four had joined from Cargill Investor Services in Chicago only a few months earlier to work under Brian Duff, the new head of the team, who also joined Fimat from Cargill in March (FX Week, March 31).

Fimat declined to comment on the departures, nor on any changes to its FX business last week. But one London source close to the si