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PEOPLE

BZW named Nigel Rankine as director and head of risk advisory. In this newly created position, Rankine will advise corporate clients on risk management and currency issues associated with transactions. He joins from Morgan Stanley in London, where he was in a similar position as investment banking currency adviser. He joined Morgan Stanley in 1989 and spent time as a senior FX salesman and as global head of currency options sales. He was FX sales manager at First Chicago from 1984 to 1989 and

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