Commerzbank Securities has hired Gerard Morris, credit derivatives structurer at Abbey National Financial Products, as an interest rate structurer. Morris will report to Jonathan Durden, senior structurer in charge of interest rate structuring in London.Neil Brazil, spokesman at Commerzbank, confirmed the move.
At ANFP, Morris reported to Richard Williams, director in financial products in London. Alan Rose, senior fixed income derivatives trader in London, confirmed that Morris had left.