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Derivatives

CSFB Nabs Morgan Stanley Structurer

Credit Suisse First Boston has hired Rex Ma, structurer in the fixed income group at Morgan Stanley in Hong Kong, as a director in its emerging markets structuring group in Hong Kong. Carl Bautista, managing director of the emerging markets structuring group, said Ma is a replacement for Boon Yong Leo who left several months ago. Leo could not be reached for comment and his whereabouts could not be determined by press time.

Ma said he is handling fixed-income structuring for the region, adding that at Morgan Stanley he reported to Jia Lin Liu, head of fixed income in Hong Kong. Liu did not return calls. In July, Morgan Stanley hired Tsang Chi Foon from Deutsche Bank for its structuring desk (DW, 7/21).

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