People Databank

The year started with a senior departure in the interest rates market. Glenn Hadden, global head of interest rates at Morgan Stanley in New York, left the firm. He was replaced by Jakob Horder and Mitch Nadel, who become co-heads of global rates. Meanwhile, in Asia Pacific, Antonio Cailao, a former director and head of investment grade credit trading at Barclays in Singapore, has joined ING.