Aug 15 Brevan Howard Asset Management LLP has
rehired Chris Cecere, a trader criticized by Japanese
authorities for his alleged role in efforts to rig the London
Interbank Offered Rate, or Libor, the Wall Street Journal
reported, citing people with knowledge of the matter.
Cecere, who earlier joined Brevan Howard's Geneva office in
2010 from Citigroup Inc, had left the hedge fund in June
last year for undisclosed personal reasons.
He had moved to Element Capital Management LLC in New York
earlier this year, the Journal report said. (on.wsj.com/1AjeyMs)
Japanese regulators in 2011 found two Citigroup employees
were involved in attempted manipulation of the yen-denominated
In an interview with Reuters in 2012, Cecere said he left
Citigroup voluntarily with full bonus and that he had not been
questioned by regulators.