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Derivatives

BofA To Grow Credit Group

Bank of America plans to hire three securitization structurers for its London-based European securitization team. The move is part of the bank's broader plans to hire more than 100 people in London to expand its European operations this year, according to officials familiar with the firm's plans.

Paul van der Maas, managing director and head of structured credit products in London, declined to comment. A spokeswoman confirmed the bank has ambitious hiring plans, including hiring for its structured credit department, declining further comment.

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