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Derivatives

Stepping Up

Robert Machin, marketer for derivatives to U.K. financial institutions at Gen Re Securities, has joined Merrill Lynch as a director in the flow interest-rate marketing team in London. He reports to Reuben Barrett, head of flow interest-rate derivative marketing.

Konstantin Krebs, credit and rate derivatives marketer to German and Austrian clients at Credit Suisse First Boston, has joined Merrill Lynch in London as a v.p. responsible for marketing credit derivatives, interest-rate derivatives and structured solutions to German insurance companies. He reports to Stefan Guetter and Klaus Swoboda, co-heads of German insurance company coverage.

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