Tim Carrington has been playing a game of high-quality musical chairs for the last few years.
The music began in early 2007 when he left Dresdner Kleinwort, where he was global head of FX derivatives trading, to join Harry Culham (previously Dresdner’s global head of FICC) at Merrill Lynch.
The Merrill seat turned out not to be as comfortable as it had looked and Carrington abruptly left eight months later. However, as we pointed out at the time, there was nothing unusual about sudden departures from Merrill.
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