Hal Rich has left PaineWebber Inc., where he was managing director of the institutional equities division, to join Reuters Holdings PLC. Rich will be senior vice president, transaction products division for Reuters. He will be involved in new product development, reporting to John Hull, executive vice president, transaction products, for Reuters America and transactions product group leader for Reuters worldwide.

Robert McKinney resigned as systems chief at Kidder Peabody & Co. to join

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