Johnson Takes Helm Of FX As UBS Prepares To Merge

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ZURICH--The new UBS AG has named Bill Johnson and Simon Jagot as global co-heads of FX, precious metals and commodities, taking up the forex responsibilities from Andrew Siciliano. Siciliano, who was initially named global head of FX and rates for the new bank (FXW, December 15, 1997), is now concentrating solely on the interest rate sector.

Johnson, previously named head of global FX trading, derivatives and emerging markets, will now represent FX at board level, reporting directly to chief