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Foreign Exchange

RBS spot FX and option traders depart

A Stamford-based options trader and a London-based G10 spot trader at Royal Bank of Scotland have resigned from the bank, according to people familiar with the matter.

Jeff Anderson, an options trader, and Gordon Andrew, a G10 spot trader, have both resigned from the bank. Anderson joined the bank in July 2008 after RBS merged with ABN Amro, which he had joined in 2006. Andrew had been at the bank since 2003 and in that time traded both the euro and sterling books, the people say.

Separately, Tim Ash, the bank’s head of emerging markets research, left the bank two weeks ago.

RBS declined to comment on the departures.

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