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Nomura Scales Back London FX Operations, Terminates Four

The FX exodus from London by large banks has continued, with Nomura terminating the contracts of four FX employees, Darren Dempsey, Max Popov, Antoine Berger and John Erratt, effective immediately. This is t...

HSBC Saudi CEO, Walid Khoury Departs, Successor Chosen

HSBC’s Saudi Arabian Chief Executive Officer, Walid Khoury, has parted ways with the British banking giant, paving the way for the appointment of new CEO Nabeel Shoaib, who is slated to take over immediately....
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