Zions First National Bank has lost a two-year Treasury trader. Tom Hurley reported to Michael Franzese, head of Treasury trading at the Jersey City, N.J.,-based office, according to Franzese. Hurley could not be reached for comment and it could not be determined by press time where the former trader had gone.
Hurley has been replaced internally by Darhl Peterson, who traded primarily telecom and retail bonds and reported to Gilbert Clark, head of fixed-income trading. Peterson said he moved to the Treasury desk for career advancement and to expand his horizons. His duties have been taken over by two other traders on the corporate trading desk, according to Clark.
