Commerzbank Nabs Lehman Derivatives Traders
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Derivatives

Commerzbank Nabs Lehman Derivatives Traders

Commerzbank has hired Stephane Carty and Vincenzo DiGennaro, equity derivatives traders at Lehman Brothers, to trade industry sectors. They will report to Eduardo Bastida, global head of equity derivatives in London.

At Lehman, they reported to Francois Pham-Quang, who formerly ran equity derivatives sales and trading at Lehman in London. Pham-Quang left the firm in October (DW, 10/14). Bastida declined comment. Carty and DiGennaro have not started at Commerzbank and could not be reached. Jessica Shepherd-Smith, spokeswoman at Lehman, declined comment.

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