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RBC Capital Markets has hired Carmine Meoli as head of Private Banking Solutions Sales and Arif Hussein and Peter Drewienkiewicz as directors in its growing rates sales and trading team.
Herbert Allison, who until recently was president and chief executive of Fannie Mae, has joined the US Treasury as assistant secretary for financial stability.
Roger Cole, the director of banking supervision and regulation at the Federal Reserve Board of Governors, will retire on August 1 after 30 years at the regulator.
Gregory Curl, the lead negotiator on Bank of America's troubled acquisition of Merrill Lynch, has been appointed chief risk officer at the Charlotte-based firm.
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.