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...While Firm Beefs Up Asia Equity Biz, Makes London Hires

25 May 2003

The firm has hired Denis McCarthy, head of listed futures & options, portfolio trading, transitions and head of structured products & hedge fund sales at Morgan Stanley in Hong Kong, for a new role as head of equity institutional derivatives in Asia. Jason Good, head of equity institutional derivatives, said this is part of the firm's push to extend its franchise to Asia.

At the end of last year, Ricardo Honegger, managing director and European head of flow derivatives trading in London, transferred to Hong Kong to become head of equity derivatives sales and trading for the region as part of a global restructuring (DW, 12/9). McCarthy will report locally to Honegger and globally to Good.

Additionally, Deutsche Bank has added Gavin Byrne, broker in equity derivatives at Carr Futures, as an equity options salesman. Byrne reports to Good. Nicola Pantone, salesman to Italian clients at Credit Suisse First Boston in London has joined the German bank in a similar role. He reports to Yannick Mallegol, who is responsible for equity institutional derivatives for Italian clients and clients in French-speaking countries.

At Carr, Byrne reported to Richard Kuras, head of sales and marketing for London, noted Lisa Murphy, spokeswoman for Carr in Chicago.

25 May 2003