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The biggest move of the week was at Brevan Howard, with the hedge fund hiring Vincent Craignou, the ex-global head of fx and precious metals derivatives at HSBC, as a portfolio manager in London. The credit market saw the biggest departures of the week. The most notable departures were Pradeep Pattem, head of credit and mortgage markets at the Royal Bank of Scotland, and Aldous Birchall, a prop trader at Nomura.

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