Merrill hires Galishoff to head proprietary mortgage arbitrage desk

- Sarfraz Thind
- 29 Jan 2003

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Galishoff, who starts on Monday, will build Merrill's proprietary mortgage arbitrage capabilities, and focus on relative value opportunities within the US mortgage and fixed-income derivatives markets, said a Merrill spokesman.

He will report to Barry Wittlin and Paul Thomas, co-heads of the global rates group at Merrill Lynch.

Galishoff was hired by Chase in January 2000 to build up its mortgage derivatives and CMO department. Prior to that he was the head of CMO and derivatives trading at Donaldson, Lufkin and Jenrette, and has also worked at Greenwich Capital and Lehman Brothers.

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