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Foreign Exchange

Credit Suisse hires Danny Wise as global spot trading head

Danny Wise is set to join Credit Suisse as global head of spot FX trading, the bank has confirmed. He will report to Todd Sandoz, the global head of foreign exchange and short-term interest-rate trading. He replaces Alain Delelis, who left in March 2010, according to a Credit Suisse spokesman. He will start in August.

Wise, who left Barclays Capital in May, had been expected to join HSBC as a yen spot trader, reporting to Serge Sarramegna, head of G10 spot FX in London.

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