PERSONNEL

PERSONNEL

Chris Johansen will be joining Tokai Bank Ltd. in New York as a Deutsche mark trader. He previously worked for Security Pacific National Bank in a similar capacity.

Dan McMullen has recently joined Midland Bank PLC in New York as a proprietary trader. He previously worked for Australia & New Zealand Banking Corp. as chief dealer of forwards.

Howard Silverman has recently joined First Boston Corp. as a proprietary trader. He previously worked for Credit Suisse where he traded crosses and help