TD Securities has hired Andrea Fabbri, director and deputy head of credit derivatives at IntesaBci in Milan, and Bob Champney, director in specialist derivatives sales and trading at Merrill Lynch in London, for its derivatives sales group. Fabbri joins with responsibility for marketing structured credit products, including cash and synthetic CDOs, to Southern Europe, while Champney joins the structured equity group with a particular focus on marketing products to U.K. fund managers.
Both Fabbri and Champney report to Shane Akeroyd, European head of sales in London. At IntesaBci, Fabbri reported to Paolo Gribaudi, head of credit derivatives in Milan. Gribaudi said the firm is still deciding how to replace Fabbri.