Matthew Cannon, HSBC’s London-based head of structured credit marketing for Europe, the Middle East and Africa, has been appointed to a newly created role.
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Kurt Overley has joined HSBC in New York as global head of origination for structured fund products.
HSBC has traded the first ever option on a renminbi non-deliverable interest rate swap, the bank said in a statement.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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