Scotia Capital has hired Mitali Sohoni, credit derivatives saleswoman atToronto Dominion Securities, to fill a new position as a credit derivatives saleswoman and structurer in New York, according to Barry Delman, managing director. Delman said that bringing Sohoni on board is part of the firm's plan to increase its presence in the credit derivatives market both in the U.S. and London. Sohoni started earlier this month and reports to Delman. Scotia Capital hired a team of four credit pros in London, including a head of the department earlier this month (DW, 10/7).
Scotia plans to beef up its team opportunistically and could hire one or two sales pros and structurers before year-end.