Republic New York Corp. has hired Colin Lawrence, who has been global head of market risk for Barclays de Zoete Wedd since 1994.

Mr. Lawrence will be global head of derivatives for Republic and general manager of its London branch. He will be responsible for strategic planning in niche derivatives markets and will integrate Republic's other trading products with derivatives for its principal subsidiary, Republic National Bank of New York.

He was also elected a director of Republic Capital Markets. He reports to Elias Saal, vice chairman of the holding company and the bank.

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