Commerzbank splits derivatives team as chief leaves

- Charlotte Middlehurst
- 25 Oct 2010

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As an interim measure, the electronic flow options business is being managed as part of the vanilla options business, headed by New York-based Thomas De Meo. The exotics business is being managed by Michael Csorba on the London-based risk desk, according to a market source.

De Meo and Csorba are acting on a provisional basis until a replacement is named and continue to report to Peter Billington, head of FX trading in London.

Rubino left the bank on October 11, having joined in February this

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