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Union Bank of Switzerland in New York has hired Bill Marr from Bankers Trust (BT) to trade interbank dollar/Japanese yen. Marr, previously a Swiss franc trader at BT for about three years, starts at UBS on August 2. Before joining BT, Marr was at Chemical bank, trading Deutsche mark/yen.

National Westminster Bank has hired Mike Hargrove, Citibank's London options head, to be its new global options chief, bank officials confirm.

Royal Bank of Scotland has hired Martin Ryan from Australia New

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