UBS New York Continues FX Expansion Belying Widespread Market Scepticism
BANKS
Once known for its "revolving door," Union Bank of Switzerland (UBS) in New York seems finally to have reversed that reputation and is continuing its expansion plans. In addition, the New York branch has implemented a training programme for junior traders, to start building its staff reserves, officials say.
Four years into his stint as the head of both foreign exchange and precious metals trading and sales, Ken Gettinger and his recruits have reduced turnover to virtually none in the past year.
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