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Derivatives

Bear Stearns Adds CDO Structurer

Bear Stearns has hired Maurizio Raffone as a senior collateralized debt obligation structurer in London. Raffone, who joins from a similar position at Deutsche Bank in Tokyo, reports to Mark Moffat, managing director and head of the European CDO group in London. Moffat did not return calls.

At Deutsche Bank, Raffone reported to Jeff Zavattero, head of integrated credit trading in Japan. Zavattero has joined Bear Stearns' credit derivatives effort in New York (DW, 9/15).

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