Bank of America has confirmed it made hires to its London credit trading operations recently. Douglas Crawford and Omar Ghalloudi joined as credit traders in June, reporting to Mayur Jethwa, head of investment grade and crossover trading. Meanwhile, Edgar Leibovici joined the flow credit sales desk reporting to Alex Smith, head of EMEA credit sales.
Crawford is a vice president in BofA’s high grade and crossover corporates group focusing on industrials and autos. He has eight years experience of working in credit markets, most recently as a credit analyst at Eiger Capital covering auto, industrial and media credits in the investment grade and crossover space. Prior to that, he was a high yield analyst at ING Financial markets and an analyst in the leveraged finance group at UBS Warburg.
Ghalloudi is a principal and credit trader in the bank and finance group. Hehas worked in the credit markets for over seven years, most recently at Bear Stearns where he oversaw the asset swap business. Prior to this, he worked at Credit Suisse.
Edgar Leibovici is a principal and with Cedric Authier is responsible for the banks coverage team. Leibovici has worked in banking for 13 years, most recently as a senior salesperson at Bear Stearns.
November 2008
News: CDS players smell rat after Rentokil private issue; Discount rules halt CLO trading; Morgan Stanley sells CDPC to Magnetar
People: Banks downsize credit prop operations; BNP Paribas reorganises trading; Fast moves
Deals: Investors sniff potential for further triple A CLO widening; Australian investors hope for windfall pay-out
Funds: Big name partners attract funds for structured opportunities strategy; Lehman collapse and loan falls dent returns
Analysis: Lifting the lid on CDO performance; Structured credit outperforms
Profiles: Viewpoint - Jonathan Trutter; Stanfield
Comment: Fishknife, Wolseley
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