Gen Re Hires Trading Head

Gen Re Financial Products has hired Matthew Nelson, head of the U.S. dollar options book at The Royal Bank of Scotland, as co-head of trading in the U.S.

  • 13 Jun 2004
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Gen Re Financial Products has hired Matthew Nelson, head of the U.S. dollar options book at The Royal Bank of Scotland, as co-head of trading in the U.S.

The move follows Tong Lee, global head of trading, joining Dresdner Kleinwort Wasserstein to set up a credit hybrids team in London (DW, 5/30). Ben Iben, president of Gen Re FP, said Nelson will co-head the trading team with Tim Prister, former head of U.S. trading.

At RBS, he reported to Neil Cosburn, global head of options in London, who confirmed the move.

  • 13 Jun 2004

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1 Citi 280,265.07 1033 8.97%
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5 Barclays 183,846.60 703 5.89%

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1 HSBC 28,458.91 116 7.05%
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1 JPMorgan 13,671.74 61 7.87%
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3 Morgan Stanley 11,899.85 66 6.85%
4 UBS 11,800.30 47 6.80%
5 Goldman Sachs 11,111.93 58 6.40%