Robert Rossman, head of interest-rate derivatives marketing at Credit Suisse First Boston in New York, left the firm abruptly on Tuesday, according to a headhunter. Rossman joined CSFB earlier this year from J.P. Morgan where he was head of swaps marketing for the Americas.
At CSFB Rossman reported to Steven Hester, head of global fixed income. Rossman and Hester could not be reached for comment. The headhunter contended that Rossman's abrupt departure was prompted by CSFB's plans to trim 7% of its U.S. workforce as part of a USD1 billion cost-cutting plan.