Benny Yau, v.p. and credit-default swap trader with Credit Suisse First Boston in New York, is set to join Barclays Capital in the same role. Yau, slated to join today, will report to Doug Warren, managing director and head of North American credit derivatives, who declined comment. Yau did not respond to e-mails through Bloomberg. BarCap spokeswoman Karina Byrne did not comment by press time.
At CSFB, Yau reported to Greg Rosen, director in credit derivative trading, who declined comment on whether Yau would be replaced.