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Derivatives

Merrill Snares CSFB Structuring Duo

Merrill Lynch has hired Mitch Matharu and Sreenivasan Iyre, structurers in the emerging markets structuring group at Credit Suisse First Boston in Hong Kong, for similar roles in its strategic solutions group. "As the Asian market continues to mature, clients are increasing their appetite for derivatives," said Samir Atassi, director and head of the strategic solutions group at Merrill in Hong Kong, to whom the duo now report. The group handles interest rate, foreign exchange and credit structuring for institutional and corporate clients.

Iyre, who joined two weeks ago, is now based in Singapore to facilitate structuring for clients in South Asia while Matharu will remain in Hong Kong with the nearly 10-strong group.

At CSFB, the pair reported to Carl Bautista, managing director in the emerging markets structuring group in Hong Kong. Bautista did not return messages.

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