Morgan Stanley Structured-Products Trader Jain Departs Bank
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Nirjhar Jain, Morgan Stanley’s U.S. head of structured-products credit trading, has left the bank, and may join an investment firm.
Jain, 33, who oversaw trading of residential- and commercial-mortgage bonds, asset-backed securities and collateralized loan obligations at the New York-based firm, plans to “pursue opportunities on the buy side,” according to a company memo obtained by Bloomberg News.