David Paster Moves to Mitsubishi UFJ in New York

Veteran FX industry professional David Paster is moving to Mitsubishi UFJ, FXWeek reports. The change of career comes after he spent over six years at Bank of America Merrill Lynch as Head of Corporate FX Sales in New York.

In his new position as Head of Corporate Sales with the Japanese bank, Paster will remain based in New York. In his new position, he will be reporting directly to the Head of Technology Banking in New York, Bill Davidson.

According to FXWeek’s report, Paster will be focusing on delivering foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and derivatives Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term products to the corporate clients of the company in North America.

Paster has been in the FX industry since 2000 when he started his career at FleetBoston Financial. He proceeded to join Bank of America in 2004, where he spent six years before leaving to Deutsche Bank.