BNY Mellon Hires Two?

BNY Mellon has apparently made two senior hires to its FX
business.

The bank confirms that Jeff Leal has joined as global head
of e-FX. Leal was last global head of electronic markets at UniCredit, prior to
which he global head of e-FX trading at Nomura.

Leal is believed to have started this week.

Meanwhile market sources tell Profit & Loss that Jason Vitale will soon be joining the bank
as COO of the FX business, although the bank could not confirm this. Vitale
recently left Deutsche Bank where he was global head of FX prime brokerage and co-head of listed derivatives and
markets clearing EMEA.

Vitale
spent 12 years at Deutsche and is believed to be starting at BNY Mellon later
this year.

Leal and
Vitale are believed to be reporting to Adam Vos, global head of FX.

Vos was
himself part of a series of senior hires by BNY Mellon following the
appointment in September 2015 of Michelle Neal as president of BNY Mellon
Markets Group.

Colin Lambert

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