Commerz loses global FX chief

PEOPLE NEWS

LONDON -- Edward Voorhees, global head of FX sales and trading at Commerzbank in London, resigned on Friday, April 19, a spokesperson told FX Week. The bank is yet to make a replacement, but individuals are now being considered, the spokesperson said.

In the meantime, Ricardo Pascoe, head of corporate risk and capital structure at the bank in London, will be in charge of global FX. Rudolf Duttweiler, global head of treasury at Commerzbank in Frankfurt, was unavailable for comment.

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