Westdeutsche Landesbank has hired Dominic Larche and Scott Spelker, senior vice presidents in the foreign exchange trading group at HSBC in New York, to take similar positions, said a market official. Larche, who left HSBC about three weeks ago, has filled a vacant position as chief dealer for foreign exchange forwards and Spelker, who left HSBC several months ago, is chief dealer for foreign exchange options. Both positions were left vacant in March, when several staff left WestLB's FX group, the official said, declining to detail which employees left.
Larche and Spelker report to Sean Tully, managing director and head of short-term rates. Tully declined comment as did Larche and Spelker. While at HSBC, Larche and Spelker reported to Gordon Wu, head of foreign exchange trading in New York, who also declined comment.
