Merrill Lynch has hired Hongbing Hsu, v.p. in structured credit trading at Bank of America, as a director in New York. At Merrill, he reports to Ronnie Roy, managing director and head of structured credit derivatives.
At BofA, he reported to Benjamin Jacquard, managing director and was replaced by Ronnie Gaber, an analyst-soon-to-be-associate. Neither Jacquard nor Roy were immediately available for comment.
