Hedge-fund folks can't stop talking about the fate of Millennium Partners' Glen Scheinberg, the big money manager Republicans are turning to, and JPMorgan's global head of credit trading bids adieu to the bank.
FABRICE COFFRINI/AFP/Getty Images) This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Credit Suisse has hired HSBC s Truls Engebretsen as a senior credit trader.
Engebretsen, previously US head of IG credit, rejoins Credit Suisse after nearly 10 years away.
HSBC recently poached a team of IG credit traders from Credit Suisse.
After losing a team of investment-grade credit traders to HSBC, Credit Suisse has poached one in return, hiring HSBC s US head of IG credit trading.
Truls Engebretsen resigned from HSBC in recent weeks, according to sources familiar with the matter, and will join Credit Suisse as a senior credit trader.
Michael Lattarulo has left Credit Suisse to join Deutsche Bank, which is looking to build investment-grade credit trading. It's his third tour of duty at Deutsche Bank.