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Although the bank is not commenting, it appears that Bank of America Merrill Lynch is making more changes to its FX business. The latest gossip is that it has hired Tom Gillie from Credit Suisse in Singapore, where he was head of FX options trading and structuring, Asia, for a senior role in options. The bank is also thought to have hired Chris Bae from Goldman Sachs in Asia, where he traded equity derivatives, for a role in FX.
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