WestLB Expands Sales Operation In Europe With New Madrid Desk


Westdeutsche Landesbank Girozentrale (WestLB) is expanding its sales operation in Europe and has hired Hugo Norrillos to head a newly formed sales desk in Madrid, says Nigel Denison, head of treasury sales in London.

Norrillos, who reports to Denison, will be responsible for setting up the operation. In his newly created position, Norrillos will focus on forex, money markets and derivatives sales (including currency options and FRAs) to corporates and financial institutions in Spain.