Toomre Capital Markets LLC

Real-Time Capital Markets -- Analytics, Visualization, Event Processing, and Intelligence

Mark Stainton

Stainton leaves Deutsche as CDO co-head to lead Citadel energy business??

According to the publication CreditFlux.com, a top credit correlation trader, Mark Stainton, has quit Deutsche Bank purportedly to head the energy trading group at Citadel Investment Group. According to that publication, “Deutsche Bank has confirmed that Mark Stainton, global co-head of the bank's combined cash and synthetic CDO business, has resigned. Deutsche confirms that Stainton, who is one of the best known figures in the credit correlation market, is joining investment management firm Citadel. Based in London, Stainton was the key figure behind Deutsche's global correlation and exotics credit trading activities.