Terry Benzschawel
Terry Benzschawel holds a Ph.D. in experimental psychology and has held
post-doctoral fellowships in optometry, ophthalmology, and engineering
prior to embarking on a career in Finance. His financial career began in
1988 with Chase Manhattan Bank modeling corporate bankruptcy and his focus
since then has been on risky debt of consumers, sovereign nations, and
corporations. Terry joined the fixed income arbitrage group at Salomon
Brothers in 1992 focusing on pricing models and risk management of
emerging market cash and synthetic obligations until 1998 when he moved to
fixed income strategy. Since then, his main focus has been on US corporate
debt, with recent emphasis on credit models as applied to structured
products, credit derivatives, and capital structure arbitrage.
He
currently heads the Quantitative Credit Trading Strategy group within
Citi Global Markets.