David Covin managing director in interest rate derivatives marketing at Merrill Lynch in New York, has headed uptown to JPMorgan to head the firm's financial institutional derivatives coverage. Covin reports to Chris Harvey, managing director, said Michael Dorfsman, spokesman at JPMorgan in New York. Dorfsman could not confirm whether Covin was filling a new position.
At Merrill, Covin reported to David McCarthy, head of interest rates sales in New York, who did not respond to messages. Michael DuVally, spokesman at Merrill Lynch in New York, declined comment. Covin could not be reached.
