Salomon Smith Barney has hired James Berkeley, credit derivatives salesman at Merrill, for its distribution effort in New York. Berkeley confirmed he had made the move and is looking forward to the new opportunity. He referred further queries to his new boss Mark Miller, head of corporate sales including credit derivatives. Miller did not return calls.
At Merrill, Berkeley reported to John Shaffer, managing director and head of credit sales. Shaffer did not return calls.