Hoyle Departs Bankgesellschaft On Offer To Join NationsBank

BANKS

Albert Hoyle has resigned as head of FX at Bankgesellschaft Berlin in London, reportedly on an offer to join NationsBank, sources say. David Clark, chief executive and general manager at Bankgesellschaft, confirms Hoyle's departure, adding that he was responsible for trading, sales and product development and reported to himself and co-manager Yves Dermaux.

Sources close to NationsBank say Hoyle received an "outstanding offer" of a senior position, but that he has not yet signed the contract.