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 Emccormick7@bloomberg.net

To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.