Merrill Lynch has hired Jesus Trujillo, director in debt markets in Madrid, from Lehman Brothers in London, where he was director in Iberian fixed income derivatives marketing. Trujillo reports to Antonio Esteves, managing director and head of debt markets in Madrid. It could not be determined by press time whether Trujillo is an addition to Merrill's team or a replacement.
At Lehman, he worked in the institutional client group reporting to Farshid Sadr-Hashemi, executive director and European head of institutional client group fixed income, who said he has not yet been replaced.