Societe Generale Appoints Fidelio Tata as Head of Its U.S. Rates Strategy

Societe Generale SA, France’s second-largest bank by market value, hired Fidelio Tata to head U.S. interest rates strategy in New York.

Tata, 44, was chief derivative strategist at RBS Securities Inc., the U.S. broker-dealer unit of Royal Bank of Scotland Group Plc, until January. He began work Aug. 4, according to Jim Galvin, a New York-based spokesman for Societe Generale. Tata will report to Stephen Gallagher, the chief U.S. economist.

In the newly created position, Tata will seek to expand the bank’s fixed-income research in the U.S. in line with the firm’s overall goal of gaining a bigger market share of U.S. dollar- bond origination, sales and trading, according to a statement released by the Paris-based bank.

Tata, who is part of Societe Generale’s Corporate & Investment Banking unit, was most recently a global product manager at TradingScreeen Inc., a provider of electronic trading systems.

To contact the reporter on this story: Liz Capo McCormick in New York at

To contact the editor responsible for this story: Dave Liedtka at

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