Commerzbank Corporate & Markets has hired Sandy Bruce to head its secondary loan trading. Bruce will start in early 2007 and report to Tom Mulligan, head of loan distribution in London. He replaces Hannah Nicholson, who will be leaving early next year, according to a spokeswoman. She declined to comment further on Nicholson's departure. Bruce joins from KBC Bank, where he was part of the loan sales team with responsibility for primary distribution and secondary sales and trading. Mulligan could not be reached by press time.
Commerzbank Hires New Head Of Loan Trading