
JP Morgan exotics exodus continues
Meanwhile, Juergen Boesler, head of equity derivatives marketing for Germany and Austria, will also defect to Lehman Brothers, according to sources. He will run Lehman’s marketing effort in Germany and Austria for equity derivatives structuring and flow business.
Andrea Morresi, co-head of marketing equity exotics at JP Morgan, will become overall European head of equity derivatives marketing to investors. Lucia Pelliccioli will replace Bertsch in structuring.
JP Morgan has also named Neil McCormick, a senior trader in its exotics and hybrids business, as head of its structuring team - a new position.
Killian and Bertsch are due to start work at Lehman Brothers on May 9.
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