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Houldsworth breaks with Tradition

Robin Houldsworth, chief executive of the interdealer broker Tradition UK, is to leave the company as it merges its UK and European operations.

Teoh joins team to Pioneer institutional focus in Australia

Pioneer Investments has hired Stephen John Teoh as head of sales and distribution for its Australian business. The appointment is part of the global investment management group's increased focus on institutional investors in the region. Teoh will also be…

BoA hires product innovation head

Bank of America has appointed Cindy Murray as head of product innovation and development for global product solutions, responsible for designing, building and launching new credit and treasury products for the bank's global corporate and investment…

New Year start for E.On Energy Trading

From January 2008, German utility EOn will combine all its European power, gas, coal, oil and carbon trading operations in the new business EOn Energy Trading (EET), headquartered in Düsseldorf.

Kershaw joins ICG

Dagmar Kent Kershaw will join Intermediate Capital Group (ICG) as head of its London-based CDO and institutional mandate team.

Merrill brings Thain to helm

Merrill Lynch has appointed John Thain as chief executive officer to replace Stan O'Neal, who retired on October 30 after the bank announced a larger than expected $7.9 billion of writedowns due to subprime exposure.

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