London, June 7 (Bloomberg) -- Unibanco, Brazil's third- largest private bank by assets, has lost three people in its London fixed-income division, according to Marcelo Felberg, managing director of the London office.

Simon Campbell-Boreham, who ran bond sales and trading, lef last week, as did Andrew Sheppard, a trader, Felberg said. Isabel Lopes-White, who sold bonds for Unibanco, left about two months ago to go to another bank, he said.

Only last January, Unibanco hired Campbell-Boreham and three other specialists in bond sales, trading and underwriting from BB Securities Ltd. to start a fixed-income business in Europe.

Susana Wheelhouse is still selling bonds for Unibanco, Felberg said. Unibanco is in the process of hiring another person to help Wheelhouse in her sales efforts, he said. `We're still here and still trading,'' mostly Brazilian bonds, Felberg said. ``We haven't touched our (trading) limits and we think that our staffing levels are appropriate.''

Unibanco has one trader and one assistant trader in London currently, he said. The bank currently is waiting for the trader to complete exams required by London regulators, he said Unibanco is doing well with its current staffing, he said. ``The sales element is more important,'' Felberg said. ``We have a client-driven business.''