The Royal Bank of Scotland Financial Markets (RBS) has today announced the appointment of four new hires for its Spot FX business in London and New York.

Dan Morton joins RBS as a Senior Sterling Spot FX trader in London and will report to David White, Global Head of Spot FX. Dan joins the bank from JP Morgan Chase where he worked for seven years, the last 5 as a Senior Spot FX trader.

Bill Johnson, Aaron Klein and John Munley join as Senior Spot FX traders in New York and will report locally to Chris Lynch, Head of Trading, New York and globally to David White, Global Head of Spot FX.

Bill Johnson joins RBS from AIG where he was a Senior FX trader for six years; Aaron joins from Barclays Capital where he has been trading for twelve years and has seven years experience working as a Senior Spot FX trader; and John joins the bank from Credit Agricole Indosuez. Prior to this, he was a Senior Spot FX trader at West LB for four years.

Commenting on the appointments, David White said: "I am delighted that Dan, Bill, Aaron and John have joined us - they are significant hires for RBS Financial Markets. We are committed to attracting top quality staff to achieve all of our goals in further enhancing our reputation as a leading FX provider."

Peter Nielsen, Global Head of FX, Currency Options, Equity Derivatives & Emerging Markets added: "These hires will reinforce the positive momentum that RBS brings to the FX markets and underscores our relentless effort to offer the finest liquidity, execution and risk management capabilities to our global clientele."

The Royal Bank of Scotland has operations spanning clearing banking, investment banking, financial services, investment management and insurance, both in the UK and overseas. Following the acquisition of NatWest, The Royal Bank's Treasury & Capital Markets division, NatWest Global Financial Markets and the UK based Greenwich NatWest have been combined to create The Royal Bank of Scotland, Financial Markets. The combined entity provides specialist services in global foreign exchange, currency and structured derivatives, money markets, together with a wide range of interest rate management services to The Royal Bank of Scotland and NatWest international corporate and institutional client base.

Issued by :
Ila Kotecha
Public Relations Manager
The Royal Bank of Scotland
Corporate Banking & Financial Markets
Tel. 020 7920 5402

For further information contact:
David White
Global Head of Spot FX
The Royal Bank of Scotland Financial Markets
Tel. 020 7375 4212