J.P. Morgan has ironed out nearly all the creases in its global credit derivatives trading group following its merger with Chase Manhattan. According to an organization chart obtained by DW, the group is run and staffed almost entirely with officials from the J.P. Morgan side. This is not surprising, according to several market professionals, because the credit derivatives trading desk at Chase was relatively small prior to the merger. Heading up global emerging markets credit derivatives is Guillaume Nicolle, v.p., while Jean-Pierre Lardy, v.p., heads North American flow business in credit derivatives. Both came from J.P. Morgan prior to the merger.
Chase traders were not left in the cold, however. With the exception of co-head Adrian Hyde, who left the bank earlier this month (DW, 2/19), all three Chase traders landed positions on the desk in New York.
To see the full org chart in PDF format, Click Here.
