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Derivatives

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The slew of recent departures across fixed income at Credit Suisse totaled 65 names, as part of a cost-cutting initiative that was announced in the firm’s Q3 results. We also have news that bigwig Mohamed Yangui, the ex-head of product development and structuring group at Nomura is joining Bank of America Merrill Lynch; and Adam Welham, ex-Barclays equity syndicate head, has been tapped by Fidelity Investments.

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