Jaime Rodriguez-Andrade, a correlation credit trader at Deutsche Bank in London, is joining Morgan Stanley's U.K. credit team. He will report to Jerome Anglade, a senior credit structurer at the firm, who did not return calls. Carlos Melville, spokesman for Morgan Stanley in London, confirmed the hire, declining further comment. It could not be determined if Rodriguez-Andrade joins in a new position, or as a replacement.
Rodriguez-Andrade leaves Deutsche Bank after almost two years at the firm. He reported to Mark Stainton, head of correlation credit trading, who could not be reached for comment. Jo Pope, spokeswoman for Deutsche Bank, confirmed the departure, declining to comment on a replacement.