The bank has managed to entice Mark Sweeting away from ABN Amro in London, where he was European head of FX sales to financial institutions. Sweeting is well liked and highly respected, and his departure after seven years at ABN Amro is a major loss to the bank, which is in a state of limbo as a result of its mooted takeover by either Barclays or RBS. The bank has no plans to replace Sweeting for the moment and his former staff now report to Scott Wacker, global head of macro corporate and local market sales.
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