JP Morgan Chase restructures institutional forex sales group


NEW YORK -- US bank JP Morgan Chase has restructured its institutional foreign exchange sales group in New York following the departure of institutional FX sales head Paul Plesser earlier this year.

Former head of foreign exchange trading in New York, Scott Gallopo, takes over responsibility for the new team in the city. Evan Berntsen, who previously managed the North American credit and rates division, replaces Gallopo as FX trading head in New York.

Gallopo takes over a reduced institution

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