Loren Norton, a credit derivatives trader at ABN AMRO in New York, has moved to a similar position at Credit Suisse First Boston after less than a month at the Dutch bank. Before joining ABN Norton was a credit derivatives trader at Morgan Stanley in New York (DW, 7/20). Norton referred calls to John Gallagher, spokesman in New York, who said Norton is filling a newly created seat and has been hired as part of an effort to expand the firm's client coverage. Norton reports to David Carlson, managing director and head of the group-of-20 credit derivatives desk. Carlson confirmed the hire.
Norton reported to Arthur Leiz, head of the credit derivatives trading desk at ABN. Leiz was on vacation and could not reached. Patrick Phalon, spokesman in New York, confirmed the departure but declined further comment.
