Bank of America has nabbed Mayur Jethwa, a senior credit-default swap trader at Credit Suisse in London who is considered to be one of the top traders in the banks and financials sector. As first reported on DW's Web site, an official familiar with the situation said he left the U.S house this week.
At BofA, Jethwa is expected to report to his former colleague Charlie Cho, managing director and European head of trading, who also joined from Credit Suisse last year (DW, 6/24/05). Cho was out of the office and not available for comment and Jethwa, reached on his cell, declined all comment. Liz Wood, BofA spokeswoman, said Cho is expanding his team and is expected to announce further hires in the coming weeks, declining comment on Jethwa.
At Credit Suisse Jethwa reported to Antoine Cornut, head of European flow credit trading, who could not be reached. Amy Thompson, spokeswoman, said he will be replaced.
