FX Concepts Hires Pfau, Lapin; Plans Summer Launch Of Paris Branch

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After the departure of its highly visible managing director of foreign exchange, John Serhant (FX Week, February 22), money management firm FX Concepts, Inc. has revamped. In efforts to establish itself as a force in the marketplace, FX Concepts has restructured and made a number of new hires.

Most recently, the firm landed Peter Pfau, formerly senior vice president and manager of foreign exchange at Dean Witter Reynolds Inc., and David Lapin, formerly the vice president and manager of the

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