Merrill Lynch FICC team faces cuts

Christian Exshaw, global head of foreign exchange sales, EMEA, at Merrill Lynch in London was among those notified their positions are at risk of redundancy. Others from the division include Yacine Kanoun, head of rates structuring for the region, Chris Weiss, an FX structurer, and Vincenzo Galli-Zugaro, who covered investor client operations for the EMEA region.

Exshaw is the only remaining member of the former-Dresdner trio hired in September 2006 to run a revived foreign exchange business at

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