Credit Suisse First Boston has hired Joe McHugh, a credit derivatives flow trader at Deutsche Bank in New York, in a similar role, according to a market official. McHugh, who left Deutsche Bank about a week ago and will join CSFB on June 10, will report to David Carlson, managing director and head of North American Credit derivatives.
At Deutsche Bank he reported to Boaz Weinstein, director in credit derivatives trading. An official at Deutsche Bank, said the firm is actively looking for a replacement to fill McHugh's position.