The recent appointment of Mo Grimeh as Standard Chartered’s head of trading for the Americas has had a swift impact. The roles of both Keith Underwood and Steve Santa-Maria have been cut. Underwood was regional head of FX trading, while Santa-Maria was regional head of sales. “These positions were eliminated as we aligned our organizational structure with the rest of the bank. The head of sales for Europe and Americas is Adam Freeman in London, and the head of trading for the Americas is Mohammed Grimeh,” says a bank spokeswoman.