Reported by FX Week, Thiago Melzer, managing director and head of foreign exchange options, Americas, at Morgan Stanley, has moved to London to become global head of FX options.
Previously based in New York, Melzer had been at the US bank since April 2007, having joined from Santander, where he was a trader in Sao Paulo for nearly five years.
Meanwhile, in New York, Stuart Sopp has left his position as head of G-10 FX at Morgan Stanley. He had worked at the firm for five years and is understood to be moving back into the market elsewhere.
Sopp’s departure follows soon after the exit of his former manager, Steve Glynn, who was head of FX and emerging markets, and head of fixed income for Asia in Hong Kong. Glynn is understood to have moved to the buy side after a career of 14 years at the bank.
FX Week states Morgan Stanley confirmed Melzer’s move to London and Sopp’s departure.
Source: FX Week