Many of the world's largest derivatives banks are seeking to overhaul their clearing operations to drive efficiencies
Bank of America Merrill Lynch is to part ways with one of
its top derivatives clearing experts when Oliver Blower leaves
the US bank later this month.
Blower, who joined Merrill in August 2012, was a director at
the firm where he was working on the development of its
over-the-counter derivatives client clearing business.
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