Kevin Lynyak, investment-grade telecom trader at UBS, resigned last week to join Morgan Stanley as an executive director in high-grade trading in New York. Lynyak will report to Tom Thees, managing director and head of investment-grade trading. Thees confirmed the hire but declined further comment.
At UBS, Lynyak was a director on the corporate bond trading desk in Stamford, Conn. He reported to Michael Morris, managing director in investment-grade trading at UBS. He did not return a call by press time.
