TD Securities has hired Hardy Hodges, head of the equity derivatives group at Wells Fargo in San Francisco, as a director in its credit derivatives structuring group in New York, according to Phil Chiaramonte, managing director of U.S. credit derivatives structuring in New York. "He is a top-notch structurer," Chiaramonte said. Bringing Hodges on board to fill the new position is part of the firm's plan to expand its credit derivatives group in the U.S. (DW, 11/25).
Hodges, who worked for five years in the credit derivatives structuring group at Chase Securities in New York before going to Wells Fargo, joined TD last week and reports to Chiaramonte. "I'm very happy to be back in New York," Hodges said. While at Wells Fargo, Hodges reported to James Haugen, head of derivatives. Haugen declined comment.
