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Foreign Exchange

Nomura fund salesman leaves; said to be joining Commerzbank

Mark Cudmore has left Nomura’s London-based FX sales team, people familiar with the matter tell EuromoneyFXNews.

At the start of the month, the bank lost its head of G10 spot trading, James Perason. Sources say Pearson is set to join RBS later this summer.

Sources have suggested Cudmore may be set to join Commerzbank’s hedge fund sales team. Commerzbank declined to comment on this.

Nomura also declined to comment.

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