Calyon makes Asian credit and rates hires

Calyon has ramped up its Hong Kong operations by making a number of hires to its credit are interest rate teams. The French bank poached two staff from BNP Paribas for its credit markets and collateralised debt obligation (CDO) team covering Asia excluding Japan, plus three interest rate traders.

King Yut Quan joined as a credit flow trader in late April, in a newly created position focusing on market-making and trading of Asian bonds and credit default swaps. He reports to Anitza Nip, head of credit markets flow trading for Asia excluding Japan.

Wilson Kau also joined as head of credit markets and CDO flow sales for Asia excluding Japan in May, replacing Sylvania Wong, with an extended regional mandate to coordinate the coverage of clients for southeast Asia, greater China and Korea. He reports to Pierre Trécourt, head of credit markets and CDOs for Asia excluding Japan. Kau was co-head of flow, third-party distribution at BNP Paribas.

The three interest rate traders joined its interest rate derivatives (IRD) and hybrids trading team in May. Anthony Lau joins from Standard Chartered as Calyon’s new head of IRD vanilla trading, and reporting to him are David Fung and Jamie Lin, who join as Hong Kong dollar vanilla trader and vanilla trader respectively. Lau reports to Cecil Leung, regional head of IRD and hybrids trading for Asia excluding Japan.