Kenneth Song, head of structured credit trading at Commerzbank Securities in London, has left the firm to head back to the U.S. Song is reportedly returning to Greenwich, Conn. to work for a hedge fund and be nearer his family, according to a banker familiar with the move.
Ahrash Daneshvar, structured credit trader in London, has been promoted to fill Song's role, according to Neil Brazil, spokesman in London. Song reported to Mike Staveley, global head of credit trading in London.