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Derivatives

Merrill Nabs UBS Global Credit Head

Michael Connor has left UBS, where he was global co-head of credit derivatives in Stamford, Conn., to join Merrill Lynch as managing director and product manager for structured credit products and exotics in New York. Connor, who did not return calls, reports to Jeff Chandler, head of credit trading at Merrill in New York, said Michael DuVally, spokesman in New York. Chandler did not respond to messages. DuVally declined further comment.

Kris Kagel, spokesman at UBS in New York, said Sal Naro, global co-head of credit derivatives, has taken over Connor's responsibilities and will continue as the sole global head. Naro did not return calls.

 

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