Davie to Head LCH.Clearnet Unit

London-based clearing house LCH.Clearnet has hired Michael Davie as CEO of its SwapClear interest-rate-swap clearing business.

Davie will be responsible for overseeing development of SwapClear products and services for buy-side clients. He reports to LCH.Clearnet chief executive Roger Liddell.

With more than 20 years of experience in the financial industry, Davie previously worked at JPMorgan.

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