Commerzbank rebuilds foreign exchange in London

Satrap told FX Week that he plans to build FX derivatives and structuring in particular, by applying some of the skills of the interest rate team to FX. Ian Sosso's appointment in June from JP Morgan Chase to a new role in derivatives and structuring in London is the first step in this process.

Nic Law, who joins on September 1 from Dresdner Kleinwort Wasserstein in London, becomes head of institutional FX sales in London, a position that has been vacant since the departure of Jonathan Hughes