Vasan to co-head equity derivatives at CSFB
Credit Suisse First Boston (CSFB) has named Philip Vasan co-head of its equity derivatives and convertibles unit, according to an internal memo.
Based in New York, Vasan will focus on the US and European businesses, with Calello responsible for Asia and global equity derivatives strategy.
Vasan, a former head of FX at CSFB, most recently ran the Swiss bank’s cost-reduction programme, ordered by CSFB chief executive John Mack. So far, $1 billion of costs have been stripped out of the firm, said a CSFB spokesperson.
As part of the restructuring, Maurits Schouten, global head of equity options, has taken “a leave of absence” from CSFB. It is unclear what future role he might take at the bank.
Chris Carter will relocate from Hong Kong to New York to assume Schouten's role, while Luc Pajot will head Japanese equity derivatives and cash trading out of Tokyo following a leave of absence and John Miller will head the non-Japan Asia options trading.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
People: Isda taps four new directors, O’Callaghan joins CA, Berlinski quits Goldman, and more
Latest job changes across the industry
People: Citi snags Raghavan, SocGen bags Estrada, all change at NYCB, and more
Latest job changes across the industry
Kane to leave Citadel Securities for senior Miax role
Options exchange has been on a four-year acquisition spree
Asia moves: senior hires at Millennium, Citi, SMBC and more
Latest job news from across the industry
Ken Pang set to join Millennium as Asia equities head
Former Credit Suisse markets co-head joins hedge fund’s Hong Kong office
People: Risk shake-up at Santander, JPM juggles markets, and more
Latest job changes across the industry
People: UBS rejigs EQD, risk head departs; Rustad joins buy side, and more
Latest job changes across the industry
Rustad re-emerges at Taula Capital
Former JP Morgan clearing head to help prepare for Q2 fund launch
Most read
- Industry urges focus on initial margin instead of intraday VM
- For a growing number of banks, synthetics are the real deal
- Revealed: the three EU banks applying for IMA approval