CSFB Boosts Proprietary Trading In London With Two New Recruits

PEOPLE NEWS

LONDON--Credit Suisse First Boston is boosting its global proprietary forex trading with the hire of two new traders to its team in London.

Stefan Jarudd joined CSFB last Wednesday (March 29), from Swedish corporate, Stora Enso, and will soon be joined by Jonathan Webb from HSBC, London in late April.

According to head of proprietary trading in London, David Tait, the bank is boosting proprietary trading to diversify the income stream at the bank.

"We want proprietary trading to leverage our ot