End-user rankings 2002



When John McCormick, the former global head of interest rate derivatives at Royal Bank of Scotland (RBS), changed jobs within the bank in December, he felt confident he was passing a thriving business on to his successor, Ian Gaskell. Risk’s 2001 global derivatives rankings (published in September) showed that RBS had established itself as the number-one interbank derivatives dealer in a range of sterling and euro products. But having a strong inter-dealer franchise does not guarantee succes