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Cantor Ireland to quit as primary Government bonds dealer and close desk

Cantor Fitzgerald Ireland has decided to quit as a primary dealer of Irish Government bonds and wind down its debt desk as it seeks to prioritise its wealth and investment business, according to sources. The firm, led by chief executive Gerard Casey, has told the five staff on its bond desk that their jobs are at risk. However, sources said some are expected to be redeployed within the company. Cantor Ireland has informed the National Treasury Management Agency (NTMA) that it plans to resign as a primary dealer [...]