Adrian Hyde, a managing director in global credit products with Banc of America Securities in New York, has taken a sabbatical. Hyde said in a voice mail to DW he is moving to a proprietary desk at Banc of America from its market-making business, and has taken time off to travel before the transition. Spokeswoman Louise Hennessy said Hyde is still an employee and did not say when he would return.
Last month the global credit products group lost Charles McLendon, head of investment grade sales and trading, including credit-default swaps (DW, 7/26). Tom White, who heads the group in New York, referred calls to Hennessy.
