John Vibert, mortgage-backed securities trader at Morgan Stanley, intends to join Credit Suisse First Boston soon in a similar role. Vibert, who had previously worked at CSFB before joining Morgan Stanley and did not return a call to his cell phone, will run hybrid adjustable-rate mortgage trading at CSFB. He will report to Mark Tecotzky, managing director in mortgage-backed securities trading. CSFB spokesman Pen Pendleton declined comment given Vibert has not yet started at CSFB.
Mark Lake, spokesman for Morgan Stanley, did not return a call by press time.