Royal Bank of Canada has hired Olivier Levitte, a collateralized debt obligation salesman at J.P. Morgan in New York, in a similar position. Levitte started in London last week but will be based in New York. He is starting in London because RBC's New York office at One Liberty Plaza is unusable after the Sept. 11 attacks.
Levitte reports to Walter Gontarek, managing director and head of global credit products in London. Gontarek was out of the office and could not be reached. Levitte and a J.P. Morgan spokeswoman did not return calls.