FX Week

UBS Plans New Global Programme For Training In Foreign Exchange

BANKS

Union Bank of Switzerland is planning to create a worldwide training programme in foreign exchange starting in October, according to the bank's new London treasurer, Yves Perréard. UBS already has a programme based in Zurich, but it now plans to start up similar systems in its major trading branches around the world, he says.

In London, says Perréard, UBS will recruit 25 entry-level people for the programme, split evenly between graduates and its own back-office staff. He says the bank plans