Citi moved to expand its rates trading team with a string of new hires from across the street, The TRADE understands. According to an internal memo, Courtenay Watson has been appointed managing director in London, effective from August, and will cover the bank’s European Government Bond (EGB) trading business. Watson joins from BNP Paribas where she had been head of peripheral EGB trading. Alongside her is Moussa Haidara, who has been appointed to join Citi’s rates trading team in Paris as a director after most recently serving at JP Morgan.
Also appointed to join the rates trading team at Citi are Fiachra Harnett and Michele Beretta who join as a director and vice president respectively. In the US, Yun Zhou was appointed managing director in interest rate options trading based in New York. Zhou joins from Brevan Howard after a previous stint at Morgan Stanley in an interest rate trading focused role.
Societe Generale appointed Jeffrey Mortara as global co-head of equity capital markets, joining Luis Vas Pinto in leading the bank’s ECM objectives. Mortara joined from UBS, where he previously served as global co-head of equity capital markets, leading a team of equity and equity-linked individuals in the US, Europe and Asia. Before UBS, Mortara served at Deutsche Bank, where he built out the bank’s ECM practice in technology, media and telecoms (TMT) and financial institutions. While at Deutsche Bank, he also served as head of TMT banking, both in Silicon Valley and in Europe, based in London.
Dan Monckton, former EMEA head of program and electronic trading at Credit Suisse, joined Cantor Fitzgerald as co-head of EMEA electronic execution services. Prior to the move, Monckton spent two decades at Credit Suisse in a range of program trading related senior positions. His expertise includes managing algo, DMA and low latency cash and derivatives businesses as well as driving client coverage and product development. In his most recent position, he managed a total headcount of 30, including five managing directors, across four countries. Before this, he spent five and a half years at Morgan Stanley, working in program trading sales.
Former head of Asia Pacific at FactSet Research Systems, Vin Bhat, was appointed senior vice president and head of APAC at Charles River Development (CRD), a State Street company. In his new role, Bhat will be responsible for collaboration with front-to-back asset serving platform, State Street Alpha, as well as overseeing all business in the region. Prior to joining CRD, Bhat worked in various senior positions over 25 years, focused on sales, consulting, and engineering. Before joining FactSet, he spent a decade at Tata Consultancy Services.
Wematch.live appointed Grant Davies head of equities sales for the EMEA region, effective as of 15 May. Davies brings over two decades experience in securities finance to the firm, having held various leadership positions at EquiLend, JP Morgan and BlackRock. His expertise ranges across collateral management, ETF capital markets, securities lending, and total return swaps (TRS). Within the TRS space, Davies served as head of business development at Sunrise’s Matchbox, where he played a key role in launching and expanding the equity TRS platform.