Discover your dream Career
For Recruiters

J.P. Morgan's ex-head of gilt trading came out of retirement and joined Citi

That didn't last long. In June 2016, Martin Cross, a veteran gilt trader at J.P. Morgan, retired. Thirteen months later, he's back.

Cross is understood to have joined Citi. The bank confirmed his arrival. His role there isn't clear, but given his extremely good pedigree and extremely weighty experience, it's likely that he's something pretty senior. - Head of gilt trading maybe?

This was Cross's last role at J.P. Morgan, where he was head of gilts between 2012 and 2016. Before that he was head of gilts at BNP Paribas (for a mere six months), head of sterling rates trading at Nomura for nearly three years, head of sterling rates trading at Lehman for 5.5 years and head of sterling trading at Credit Suisse for five years.

Cross, basically, has form.

His return suggests that retirement isn't all that. It also reflects the resurgent demand for rates traders as macroeconomic conditions across Europe diverge and central banks make differing noises on QE. Cross isn't the only recent hire in the space. Scott Marsh, an executive director at Morgan Stanley and former director in rates trading at Deutsche Bank, has also joined Nomura. The Japanese bank confirmed his arrival.

Contact: sbutcher@efinancialcareers.com

Photo credit: Citi London by Håkan Dahlström is licensed under CC BY 2.0.

author-card-avatar
AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Latest Jobs
Selby Jennings
Private Equity Vice President
Selby Jennings
Charlotte, United States
Growth Equity Associate
Charlotte, United States
Larson Maddox
Investment Banking Associate
Larson Maddox
Washington, United States
Selby Jennings
Investment Banking Analyst
Selby Jennings
Washington, United States
Deutsche Bank
Surveillance Team Lead
Deutsche Bank
Jacksonville, United States
Larson Maddox
Corporate Counsel - Reinsurance
Larson Maddox
Arlington Heights, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.