Credit Suisse First Boston (CSFB) has seen the departure of two fixed income heads. Jerry Wood, former co-head of fixed income, and Trevor Price, head of fixed income, Europe, have left the bank in London.
Wood was co-head of fixed income along with Jim Healy, who has now been appointed sole global head. Healy will oversee three newly appointed co-heads for the group in Europe, who succeed Price. Jeremy Bennett, Gael de Boissard and Jonathan McHardy are the new co-heads of the European fixed income team. They will report to both Healy and Michael Philipp, the recently appointed chief executive officer for Europe, Middle East and Africa.
Price was a founding member of Credit Suisse Financial Products (CSFP) in 1990, then the derivatives arm of the bank, but which has since been incorporated into CSFB. During his 15 years with the bank, Price has managed several divisions, including global FX trading, global interest rate trading and global proprietary trading.
The co-heads will each continue in their current roles, which are: Bennett as head of the global structuring group, de Boissard as head of interest rate products for Europe and Japan, and McHardy as co-head of global credit trading, with a focus on emerging markets and high grade.