StanChart hires ex-Deutsche head

Nitin Gulabani, who previously worked as head of currencies and commodities, Asia-Pacific, at Deutsche Bank in Singapore, has been hired as StanChart's global head of interest rates derivatives in the Lion City. Gulabani is being charged with responsibility for driving further development of Standard Chartered's interest rate derivatives business, including product development and sales across all client segments.

Before taking on his most recent role at Deutsche, Gulabani was based with the

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Mixed forecast for FX

LONDON - Foreign exchange teams will avoid the worst of the job cuts in the City of London, although market sources warn no-one will be immune from redundancies.

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