Barclays Capital has appointed Jim Iorio as head of FX distribution for the Americas, The Wall Street Journal reports. Based in New York, he will succeed Gregg Chow, who will head the firm’s real-money FX efforts for global institutions, adds FX Week.

Iorio was most recently working as head of FX distribution for Asia-Pacific at Barclays Capital in Singapore. His post will now be taken up by Mike Hill, who is also the head of emerging markets rates sales.

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