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Gil Leiendecker is now heading the foreign exchange trading operation of Discount Corp. of New York, sources close to the firm report. Leiendecker was previously head of global foreign exchange at First Boston Corp. in New York. Leiendecker didn't return calls seeking comment by press time.

Lilliana Nealon, formerly first vice president and head of Union Bank of Switzerland's corporate foreign exchange desk in New York, recently joined FX Concepts as a marketing consultant, sources there confirm

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