
Icap closing credit hybrids business

London-based interdealer broker Icap is closing down its credit hybrids business, according to sources close to the situation. The decision has resulted in the departure of Bill Mertens, New York-based head of credit hybrids at the firm, as well as New York-based broker Kregg White. Icap declined to comment.
Mertens worked at Icap since June 2005 and previously served as a director at Deutsche Bank, trading structured interest rate and credit derivatives. Prior to that, he ran US dollar interest
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
People: Credit Suisse’s FX revamp; Barclays hires co-heads; and more
Latest job changes across the industry
Asia moves: senior hires at Natixis CIB, Citi and more
Latest job news from across the industry
People: LME chair quits, Goldman and BlackRock lay-offs, and more
Latest job changes across the industry
Asia moves: Citi and Deutsche Bank make senior hires, and more
Latest job news across the industry
People moves: Capitolis lay-offs, UBS’s new risk chief, and more
Latest job changes across the industry
Capitolis cuts workforce by 25% as bear market bites
Recent senior hires including James Kibbe and James Reilly are among the departures
BNP Paribas hires to boost US derivatives push
Clearing relationship managers and electronic trader hired from Citi, Morgan Stanley
Asia moves: senior hires at Deutsche Bank, Maybank and more
Latest job news from across the industry