Daiwa FX Hit by Restructuring

The treasury division at Daiwa Europe in London has been the latest victim of an ongoing restructuring at the Japanese-owned bank. The move has involved three redundancies in foreign exchange. James Cameron, director of trading, covering FX; Jon Turley, head of money markets and Matthew Avery, spot trader have all left the bank, confirms managing director of treasury, John Masters. Daiwa Europe, the UK-regulated bank owned by the Japanese Daiwa Group, has undergo