
Merrill Lynch nabs 23 derivatives marketers from JP Morgan
![]() Jumping ship: Antonio Polverino |
Polverino will also be Merrill Lynch’s regional business head for southern Europe, central and eastern Europe, the Middle East and Africa across all debt products. He will report to Osman Semerci, head of EMEA global markets, and Dimitrios Psyllidis, head of the EMEA debt client group.
Meanwhile, Giovanni Moruzzi will join Merrill Lynch as head of foreign exchange derivatives sales for banks; Daniele Bartoccioni will become head of European emerging market derivatives covering both debt and equity; and Gloria Vargas will be head of debt derivatives for France, Portugal and Belgium for corporates and the public sector.
The other appointments include four directors – Konstantinos Diamantopoulos, Mario Ferraro, Wolfram Grohnert and Francesco Rizza – five vice-presidents, six associates and four analysts.
The defections to Merrill Lynch represent about 7% of JP Morgan's total derivatives marketing team in Europe (including equities). However, a source close to JP Morgan estimated the loss represents about 40% of the bank's corporate derivatives sales force in Europe.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
Asia moves: Senior hires at Nomura, HKEX and more
Latest job news from across the industry
Asia moves: Senior hires at Citi, Nomura and more
Latest job news from across the industry
People: UBS rehires Ermotti for top job, Citi promotes Selva to COO, and more
Latest job news across the industry
People: More Goldman sackings, Citi promotes for Emea, and more
Latest job news across the industry
Asia moves: senior hires at Societe Generale, Deutsche Bank and more
Latest job news from across the industry
People: Credit Suisse’s FX revamp; Barclays hires co-heads; and more
Latest job changes across the industry
Asia moves: senior hires at Natixis CIB, Citi and more
Latest job news from across the industry
People: LME chair quits, Goldman and BlackRock lay-offs, and more
Latest job changes across the industry