SG Corporate & Investment Banking has reportedly signed up Cedric Lespiau, a correlation trader at IXIS Corporate & Investment Banking in Paris. Calls to Lespiau's line went unanswered and Michelle Gathercole, spokeswoman for SG CIB in London, did not comment by press time. Market buzz has Lespiau starting at SG CIB next month, reporting to Fourad Farah, head of correlation trading, who did not answer phone calls. IXIS press officials declined comment.