As head of fixed-income markets, Laine will lead the overall business development and strategy of the six product lines in the group: interest-rate derivatives, foreign exchange, commodities, debt and credit markets, structured credit markets and treasury.
That represents the addition of two new teams to his beat: forex and treasury, which were previously headed by Graham Williams, who is moving to New York to take on a new role as global head of interest-rate derivatives and treasury.
The combination of these two roles under Laine is not a big change to the team, but Calyon is expected to announce some more significant additions to its fixed-income business soon, including a new deputy head of fixed income and a regional head of commodities.
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