Citi Boosts London FX With New Hires As Jaques Joins Bank Of New York

BANKS

Citibank has strengthened its foreign exchange team in London with three new senior hires but has also lost head of proprietary trading Rob Jaques. He is taking up a new job shortly as treasurer of Bank of New York's London branch, according to Guy Whittaker, Citibank's head of U.K. forex and money markets in London.

"Basically, there is no theme to these appointments, we are simply building our team and we have a couple more new hires in the pipeline," says Whittaker. In options, Citi in

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