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Morgan Stanley hires Munari as derivatives push continues

09 March 2010

Morgan Stanley has hired Alvise Munari as head of equity derivatives sales and financial engineering. He was previously head of multi-asset structured product and flow equity derivatives sales for Bank of America Merrill Lynch within the EMEA region.

Read more: Morgan Stanley Alvise Munari Bank of America Merrill Lynch Goldman Sachs JP Morgan

Munari, who has also worked at Goldman Sachs and JP Morgan, will be based in London and will report to the bank’s global co-heads of equity derivatives; Luc Francois in London and Ted Pick in New York.

The move continues Morgan Stanley’s aggressive expansion into the derivatives space. On January 11, Tom Ducrot joined the company from broker Newedge and became executive director responsible for capital introductions for listed derivatives clients. The bank has also hired Jason Massey, a 23 year veteran of UBS, as an executive director in the European listed derivatives marketing team.

Morgan Stanley said these appointments were a key part of its listed derivatives expansion aims, which began in June last year with the hire of Clark Hutchison and Bill Templer from UBS as global co-heads of listed derivatives.


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