End-user rankings 2002

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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

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