Credit Suisse First Boston has hired several senior staffers from J.P. Morgan Chase. Klaus Said, a senior fx official at J.P. Morgan Chase in London, has joined CSFB as global head of foreign exchange, money markets and precious metals. Previously the three areas were all dealt with in separate departments. They were put together because the products behave in similar ways and there are also cross-selling opportunities, according to a senior CSFB official in New York. Said could not be reached.
David Newman, an official at J.P. Morgan Chase, has joined CSFB as co-head of treasury products sales in New York. As part of the moves, Rusty Elvidge, co-head of foreign exchange sales at CSFB in London, has been named co-head of the new treasury products department, the official in New York said. Newman and Elvidge could not be reached.
