ADS Securities to pull back from London, Watson resigns
ADS Securities London will become regional base, redundancies on the cards
ADS Securities is set to pull back from London and downgrade its UK office to a regional base in a restructuring move that will see main functions moved back to the company's headquarters in Abu Dhabi, FX Week can exclusively report.
The reorganisation will lead to a number of redundancies in the London office. James Watson, the chief executive of ADS Securities Europe has resigned and he is replaced by Paul Webb, previously deputy chief executive, who will assume the acting chief executive role
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