People moves


JP Morgan has parted ways with its global head of equity derivatives, David Herzberg. The move was announced on March 25, with Herzberg’s replacement – Tim Throsby, former chief executive of Citadel’s Asian operations – being announced immediately. Herzberg’s plans are not known and a number of his former colleagues refused to comment. Herzberg joined JP Morgan in 2003 from AIG Financial Products.

The bank claims the change won’t have shocked JP Morgan insiders, but other dealers weren’t

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