Michael Cornford has joined City Project Consultants (CPC) in London in a new position as chairman of CPC Markets. He will head this new recruitment division covering all financial markets, with a special focus on FX, says a spokesperson. Cornford was formerly global head of FX at Nomura International in London, a position he held since April 1997. He left the bank in November last year as a result of cutbacks in the Japanese bank's international FX operations (FXW, November 23, 1998). With

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