GFI Group has named Scott Wilson as head of structured credit products and Jim Higgins head of North American credit brokerage , according to todays company release.
Previously, Higgins co-headed global credit trading at Citigroup in New York. For his new position, he will report to GFI president Colin Heffron.
Wilson has been at GFI for five years and was previously responsible for new business development in structured credit. Wilson will report to Higgins.
The release said eleven credit brokers have contracted to join GFIs credit brokerage operation in New York since mid April.
Also, four senior GFI derivative brokers have transferred internally to GFIs New York credit operation.