Execution hires fixed income research chief

Agency broker Execution Ltd has hired Juan Carrion as head of fixed income research, focusing on high-yield and crossover credit. He will be based in London and report to Bruce Howitt, head of European credit.Carrion, who began his career at Salomon Brothers, has previously held senior positions at Barclays Capital, where he was an autos analyst, and Prudential Investments. More recently, he spent four years at UBS as director of high grade and crossover credit research.