Merrill Lynch hires Credit Suisse derivatives head in Japan

Merrill LynchÆs prime brokerage operation has hired Scott Shenk to head its Pacific rim listed futures and options business in Tokyo. He will operate across multi-asset classes in equity and fixed income within listed derivatives and will focus on Japanese hedge funds and other local institutions. For the time being he will be operating solo and there are no plans to hire anyone else on this new derivatives desk, but he will be working alongside equity and debt salesmen across the Mer…