Credit Suisse merges FX, rates and commodities

Credit Suisse in London

Credit Suisse has combined its foreign exchange, rates and commodities businesses to create a new global macro products group, in line with changes to the macro environment and to financial and regulatory structures, according to a memo to employees seen by FX Week.

David Tait, previously global head of FX trading at Credit Suisse, and recently made global head of forex and short-term interest rate trading following Todd Sandoz's departure in September, will co-head the group alongside Jon Kinol

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