Tim Pagett has joined Ernst & Young's Business Risk Consulting practice as a partner with responsibility for investment banking and capital markets risk management and internal audit and will be coordinating the firm's operational risk service capabilities. Pagett joins Ernst & Young from the group's Australia office where he was a partner in the Banking and Financial Services Group.

Marc Chandler has taken up a new position as chief currency strategist for Mellon Bank in New York. He was

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