Jaap Rademaker, v.p. in the structured transactions group at Deutsche Bank in London, has joined J.P. Morgan in a similar position. Rademaker will report to Bertrand des Pallieres, head of rates marketing and structuring at J.P. Morgan in London. Des Pallieres confirmed the appointment but declined further comment. Rademaker could not be reached.
The move follows the defection last week of Stephen Stonberg, former head of structured credit derivatives products at Deutsche Bank in London, to J.P. Morgan.
At Deutsche Bank Rademaker reported to Toshio Okumura, managing director and head of structuring in Europe. Okumura was traveling and could not be reached. A spokeswoman said Deutsche Bank would hire to replace Rademaker.