DLJ Hires Keith Dack As Expansion Of London FX Operation Continues


LONDON--Donaldson, Lufkin & Jenrette has scored a coup for its expanding forex operation in London with the hire of Keith Dack from Merrill Lynch as deputy head of foreign exchange trading and sales in the centre.

The bank has also made a number of other notable hires to forex in the operation.

Dack--according to one recruiter in the London market--is "probably the best forex trader in the world". His appointment at DLJ can only add to the growing reputation of the American investment firm.