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Gen Re Hires Trading Head

13 Jun 2004

Gen Re Financial Products has hired Matthew Nelson, head of the U.S. dollar options book at The Royal Bank of Scotland, as co-head of trading in the U.S.

Gen Re Financial Products has hired Matthew Nelson, head of the U.S. dollar options book at The Royal Bank of Scotland, as co-head of trading in the U.S.

The move follows Tong Lee, global head of trading, joining Dresdner Kleinwort Wasserstein to set up a credit hybrids team in London (DW, 5/30). Ben Iben, president of Gen Re FP, said Nelson will co-head the trading team with Tim Prister, former head of U.S. trading.

At RBS, he reported to Neil Cosburn, global head of options in London, who confirmed the move.

13 Jun 2004