LTCM's Demise Leads To Departure Of Well-Respected Forex Manager

FRONT PAGE

LONDON--The demise of Long-Term Capital Management (LTCM) took an unexpected casualty from the markets when UBS announced the resignation of Andrew Siciliano, former global head of the rates division for Warburg Dillon Read.

Siciliano, who came to the UBS merger from Swiss Bank Corporation (SBC), left "by mutual agreement" on October 2, along with three former Union Bank of Switzerland executives: Mathis Cabiallavetta, chairman of the Board of Directors for the new UBS; Felix Fischer, former

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