Calyon has hired Fred Simkin as an executive director in product management and syndicate from a similar role at Wachovia Securities in London. As first reported on DW's Web site, he starts Monday in London and will focus on building global sales of cash, hybrid and synthetic asset-backed securities collateralized debt obligations. He is an addition to the team, reporting to Ally Chow, head of product management and syndicate in London, who declined comment.
Elise Wilkinson, Wachovia spokeswoman, said Simkin will be replaced.
