Mike Walsh, who quit his role as global head of hedge fund sales at Dresdner Kleinwort after less than a week at the bank is poised to start at Royal Bank of Scotland.
A spokesperson at RBS says: "We can confirm that Mike Walsh will be joining RBS in early October as head of UK institutional FX sales reporting to Bradley Leek, global head of institutional FX sales.
Brian Perry has taken on a new role as global head of local market sales with a principal focus on local markets rates and FX. Brian continues to report to Bradley Leek."