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Joseph P Bauman

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BUSINESS
April 25, 1994 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
The derivatives market has gotten such fearsome publicity in the past few months that many institutions say they are shunning it like the plague. But Bank of America is not one of them. The nation's second-largest bank announced Friday that it has hired one of the nation's leading derivatives executives to run its own operation. Joseph P. Bauman, 44, head of business development at Citibank's global derivatives group, will become head of BofA's U.S.
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NEWS
May 12, 1994 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
Out Dexter Charles' 35th-floor window is a stunning view of lower Manhattan. In front of him, a flickering, color-coded array of computer screens gives a second-by-second read of the prices of securities in a half-dozen markets around the world. But as he starts his workday, Charles' attention is focused on a few pages in his hand--data showing what will happen to his $350-billion portfolio of complex financial deals at Chase Manhattan Bank if interest rates change by a hundredth of a percent.
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