Macquarie Bank Shifts Structured Forex From London To Sydney

BANKS

Macquarie Bank has shifted its London-based structured FX options operation to Sydney, says Guy Reynolds, division director of FX in London. The decision to move its satellite structured FX marketing operation was a question of both efficiency and cost-cutting, says Reynolds.

Separately, Macquarie released two senior marketers, Andrew Bell, associate director of FX, and Joanne Gocher, manager of FX. Bell has since taken up a post at Bankers Trust in London as a vice president in FX sales. Both

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