LONDON - Bankers Trust New York Corp. said it has named Juan Villalonga to head its operations in Spain and Portugal, effective Oct. 16.

Mr. Villalonga will be a managing director. He will be based in London and will report to Philippe Souviron, vice chairman and head of the bank's European client origination group.

Before joining Bankers Trust, Mr. Villalonga was managing director and chief executive of CS First Boston, Spain, for three years.

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