Dresdner Kleinwort Wasserstein has hired Mark Mallia, principal-fixed income at Morgan Stanley, as managing director and head of credit trading, Japan and non-Japan Asia in Tokyo. Yukiko Omura, managing director, head of global markets, Japan at Dresdner in Tokyo, said the firm plans additional hires. Dresdner started building up its credit derivatives operation earlier this year (DW, 2/18). Mallia, who joins Dresdner today, could not be reached for comment.
A spokesman at Morgan said Mallia had worked primarily in the Hong Kong office as a fixed-income trader. The spokesman declined to comment on whether Morgan will replace Mallia.
