Commerzbank boosts credit trading division

Based in New York, Sharp will run all North American credit trading activities, including flow credit trading, structured credit trading and convertible bond trading. Sharp was previously co-head of European flow credit trading at Commerzbank, concentrating on the financial and auto sectors.

Commerzbank has also made two new hires into its structured credit and flow credit trading teams. Neil Murray, previously a credit derivatives and asset swaps trader at Nomura Securities, will join Commerzbank's flow credit trading team, focussing on trading credit and credit derivatives. Murray will work in London.

George O’Dowd, meanwhile, will join Commerzbank's structured credit team in New York. He will be responsible for trading structured products, including synthetic securitisations, credit-linked notes and structured baskets. O’Dowd was previously a structured credit trader at JP Morgan.

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