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.

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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