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Derivatives

Swiss Re Nabs Morgan Stanley Credit Marketer

Swiss Re Financial Products has hired Steven Olentine, credit derivatives marketer for U.S. clients at Morgan Stanley, as a structured credit derivatives salesman in New York. Olentine, who started two weeks ago, reports to Frank Ronan, head of credit in New York, according to a spokeswoman. Ronan declined comment on whether hiring Olentine was an expansion to the desk. While at Morgan Stanley Olentine reported to Peter Hamilton, head of credit derivatives sales. Hamilton declined comment on whether Morgan Stanley would look to replace Olentine, who was on vacation and could not be reached for comment.

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