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Ambac hires Dresdner derivatives dealer

Michael Cush has joined Ambac Financial Services, a financial services subsidiary of Ambac Financial Group, in its interest rate and cross-currency swap team in New York. The hire is in response to increased derivatives activities, an official at Ambac said.

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In his new role, Cush reports to Steven Dymant, managing director at Ambac in New York.

Cush joins from DrKW in New York, where he was a director covering interest rate and swaps products.

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