Simon Fry becomes CEO of Crosby

In one of the bigger moves of the year so far, Simon Fry joins his old Nomura colleague, Ilyas Khan at boutique investment bank Crosby.

Crosby has announced that Simon Fry is to become its new CEO. He will be based in London and will oversee the firm's non-Asian expansion.

For those in Asia not aware of Fry, he is something of a legend in London investment banking circles. While at CSFB and Nomura in the 1990s he and his team ran a series of proprietary investment portfolios. He is credited with being one of the first to see that convertible bonds...

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