John Romanelli, managing director in fixed income at Credit Suisse First Boston, has crossed town to Bear Stearns where he will be a senior managing director charged with establishing a capital advisory group. The group will sit within the firm's structured products division and Romanelli will report to Lesley Goldwasser, senior managing director, according to Michele Agostinho, spokeswoman at Bear Stearns in New York. Romanelli could not be reached while Goldwasser did not return calls.
At CSFB, Romanelli reported jointly to Jerry Wood and Jim Healy, global co-heads of fixed income. Wood declined comment while Healy didn't return calls (DW, 6/16).
CSFB staffers that recently joined Bear Stearns include Mark Davies, former managing director and global head of credit derivatives for developed markets at CSFB, who joined as a senior managing director and global head of credit derivatives. Mark Timmis, director and head of credit derivatives trading at CSFB in London is also expected to join Bear Stearns in the coming weeks.