Commerzbank plugs credit role gap

Commerzbank has hired Eckhard Arndt, a managing director of Standard Bank in London, as global head of credit markets. He plugs a gap left two weeks ago when Michael Staveley quit for "personal reasons" after a five-year stint at the German bank.

Arndt will be in charge of Commerzbank's credit derivative and bond trading, emerging market bonds and banking book businesses.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump