A Swiss private bank is planning to base its entire credit team in London. Lombard Odier, which has hired a former bond manager at Goldman Sachs' asset management arm to lead the team, said the move was to take advantage of London's talent pool.

Kevin Corrigan took over from Oscar Jansen, who remains a senior portfolio manager at the company, on February 8, according to Lombard Odier's global head of fixed income Stéphane Monier.