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Derivatives

RBS Global Heads Quit

David Littlewood and David Henriques, global co-heads of structured credit products at the Royal Bank of Scotland, have both resigned. Littlewood said, "David and I have left on good terms," declining to comment on the reason for the departure. Both are working their notice periods at the firm.

Littlewood and Henriques reported to Tim Pettit, head of structured credit markets in London, who was traveling and could not be reached.

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