Morgan Stanley has hiredStan Liberman, a structured credit trader at HSBC in New York. He will join as an executive director in correlation trading within the structured products group, starting May 11, said Mark Lake, spokesman. Lake was unable to state immediately to whom he will report.
At HSBC, Liberman reported to Rick Briggs, global head of structured credit trading, who was not available for comment. Kathleen Young, HSBC spokeswoman, declined comment.