Mark Timmis, director and head of credit derivatives trading at Credit Suisse First Boston in London, has left the firm. He is thought to be jumping to Bear Stearns in London. Rebecca O'Neill, spokeswoman at CSFB in London, declined comment.
Mark Davis, managing director and global head of credit derivatives for developed markets at CSFB, joined Bear Stearns last month as a senior managing director and global head of credit derivatives in New York. He declined comment.