RBS bounces back with hire of new options head

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At the UK bank, Fawcett reports to Tim Carrington, global head of FX in London.

Fawcett has previously worked as a senior FX options trader at Dresdner Kleinwort in London, a Deutsche Bank trader and at Bank of America Merrill Lynch (BAML), where at one time he worked under Carrington.

Fawcett officially took up his new post on September 28.Carrington himself is a recent hire, having previoulsy worked at CIBC, where he was Toronto-based head of global derivatives and strategic risk (FX Week

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