Calyon adds to high yield sales team

Calyon has recruited Colin Burt for its high yield sales team in London. Burt reports to global head of credit sales, Algis Pabarcius, and will focus on strengthening the firm’s distribution capacity in the European high yield market.

Prior to joining Calyon, Burt worked as a principal at security brokers Eastlake Capital Investments. He joined Eastlake on a full-time basis at the beginning of 2008. He was previously a proprietary trader in global credit strategies at UBS, and before that spent four years at Scottish Widows Investment Partnership as head of high yield.

Elsewhere, the bank has hired Cheng Bin as head of corporate sales for fixed income markets, covering northern China.

Bin will provide fixed income risk management services to corporates in the region. Based in Beijing, he will report to Antoine Castel, head of fixed income markets for China.