Credit Suisse First Boston has hiredElliot Solomon andEd O'Malley to bolster its U.S. Treasury strips and zero coupon trading businesses. Solomon, reached at his residence, declined to comment; O'Malley was unavailable to comment. They will replace Sanjay Verma, a strips and zero coupon trader who left to join Morgan Stanley (BW, 9/1). Both will report to Patrick Haskell, head of U.S. Treasury trading, who declined to comment. Their titles and starting dates could not be learned.
Solomon is a government bond market veteran, having started at Drexel Burnham Lambert in the 1980s, before going to Chicago Research and Trading and staying through its acquisition by Nations Bank. In 1998 he joined HSBC Securities which he left last winter. O'Malley was most recently the head of government bond trading at BNP Paribas and prior to that, had worked for several years at PaineWebber.