Tim Blake, co-head of structured credit derivatives trading at Credit Suisse First Boston in London, has moved to New York to replace Matthew Zames, co-head of global U.S. rates trading, who has jumped to JPMorgan.
Blake was head of dollar interest rate options trading before he moved to structured credit. He will cover derivatives, while Pat Haskell, the other co-head, will retain responsibility for cash. Blake declined comment and Haskell could not be reached.
Zames has joined JPMorgan as head of liquid markets trading, according to Michael Dorfsman, spokesman for JPMorgan in New York. He will report to Patrik Edsparr, head of North American trading.