Derivs - People and Markets

JPMorgan’s structured credit group is under the new leadership of Philippe Roger, Yale Baron and Oldrich Masek following the departure of former head Brian Zeitlin.

The multi-billion dollar Indian participatory note, or p-note, market is girding itself in the wake of local reports that the government is considering taxing profits.

Yannick Mallegol, a former SG Corporate & Investment Banking equity flow sales staffer, is expected to join Barclays Capital.

A growing number of investment banks are becoming increasingly interested in spring cleaning documentation linked to past transactions.

Bear Stearns London-based equity derivatives staff are learning of severe cuts to the trading, structuring and sales teams, which have been in limbo since the deal with JPMorgan in March.

Morgan Stanley has bagged a departing Tokyo equity trader from The Royal Bank of Scotland.

ABN AMRO and The Royal Bank of Scotland are rethinking the creation of a new structured credit and alternatives business.

Francois Le Barazer, director in index volatility trading at Bank of America in London, has left the firm.

Brian Zeitlin, the former head of global structured credit at JPMorgan in New York, has left the firm.

Sailfish Structured Investment Management’s head has left the firm.

Regulators in the U.S. and Europe have reached out to officials on structured credit desks to better understand the effect the structured bid have on corporate financing.

Senior single-stock derivatives trader Enrico Lais, previously at Deutsche Bank, is expected to resurface at Barclays Capital.