Tim Scanlon, the former head of equity derivative flow sales at Société Générale in New York, has joined Jefferies as a managing director.

Scanlon's exit comes after the French bank’s equities sales and trading revenues were hit in the first half of the year due to hedging losses on autocallable equity derivative products , which were impacted by dividend cancellations. Scanlon left the French bank on 26 August, according to the Finra broker check registration. He joined Jefferies on 9 September. Scanlon joined Société Générale in 2017 from Credit Suisse where he was a long-serving managing direct

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