Two credit derivatives traders have left Lehman Brothers in London. Vassilis Paschopoulos, technology, media and telecommunications trader on the corporate desk, has joined Deutsche Bank as a market-making cash and credit derivatives trader and Jordi Orriols-Gil, a credit options trader, has joined Morgan Stanley, according to a colleague.
Paschopoulos will report to Antonio di Flumeri, head of European non-emerging market credit derivatives trading. Stephanie Smart, spokeswoman for Deutsche Bank, said Paschopoulos will start later this month.
Orriols-Gil will be an associate on Morgan Stanley's structured product group’s consumer desk, trading cash and credit-default swaps, according to Mark Lake, spokesman for the firm. Jessica Shepard-Smith, spokeswoman for Lehman Brothers, confirmed the departures.