Commerzbank's New York forex options head quits

Tom Wood, forex options sales dealer, has taken his role until the bank replaces him, said a spokesperson.

Rendon is expected to resurface at Citigroup in New York, although a spokesperson at the US bank was unable to confirm the hire last week.

Rendon joined Commerzbank in March 2001 to set up the bank's New York options desk at a time when Commerzbank was undergoing a wholesale expansion in North America.

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