Swiss bank Julius Baer has hired Remo Caderas to trade foreign exchange forwards and fixed-income products in New York as part of an ongoing effort to ramp up its forex business.Caderas joins from Credit Suisse First Boston and will report to Thomas Maurer, global head of rates trading at Julius Baer in Zurich, and locally to Caleb David, New York head of business line trading. Caderas will trade FX forwards and fixed-income products both on a proprietary basis and in response to client demands.
The bank recently launched an emerging markets FX desk in New York with the hires of Gregory Van Laeken as global head of emerging markets trading and Karthik Sankaran as a senior emerging markets salesperson. Both joined from AIG Trading.
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