Brevan Howard Asset Management’s co-CEO, Nagi Kawkabani, is joining the firm’s office that opened last year in Geneva, Switzerland, Financial News reports. About 40% of Brevan Howard’s risk capital is now handled from Geneva, including the 20-25% managed by founder Alan Howard, who moved there in June. Other new hires shifting to Geneva, include James Fauset, who was a managing director in the foreign exchange sales team at Goldman Sachs in London. Bank of America Merrill Lynch’s former head of structured credit prop trading for Europe, the Middle East and Africa, Jason Feasey, has also shifted to Geneva.
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