Jefferies’ Currency Strategy Head Webb Said to Leave Firm

Jonathan Webb, head of foreign-exchange strategy at Jefferies Group LLC, has left the firm, according to a person with direct knowledge of the matter.

Currencies strategist Susanne Galler also left, said another person, who asked not to be identified discussing personnel matters. Richard Khaleel, a spokesman from New York-based Jefferies, declined to comment on the departures.

Jefferies, a unit of Leucadia National Corp., acquired Faros Trading LLC, the institutional foreign exchange brokerage subsidiary of FXCM Inc., in April, and named Ray Kamrath as global head of foreign exchange. Jefferies’s existing foreign-exchange business and Faros will operate as a single team, the company said in a statement at the time of the announcement.

Jefferies said in a statement Thursday that the Faros Trading business has been fully integrated.

Webb and Galler were based in London.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE