Bear Stearns snares another CSFB credit derivatives head
US investment bank Bear Stearns has snared another top credit derivatives executive from Credit Suisse First Boston (CSFB) following its appointment of Mark Davies as global head of credit derivatives in May.
Timmis joined Bear Stearns following a six-week break.
Davies has received a mandate to significantly increase the US investment bank's footprint on the market.
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