Reorg brings ABN derivatives joy

After changing the way options dealers work with clients, the bank is now doing deals it would have been unable to do just two years ago, officials told Risk.

"For the past 18 months people like myself have been taken out of the options team and put into corporate teams," said London-based Alex Pereira, senior FX derivatives sales dealer for currency options in the UK. The idea of ABN Amro’s dealers working more closely with clients is part of the bank’s broader move to realign its business

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