Jefferies poached Barclays's Swiss Morgan Stanley hire after two months
Now that Credit Suisse is no longer in existence, the Financial Times says banks are keen to build out their Swiss business. One of those banks is Jefferies.
Get Morning Coffee ☕ in your inbox. Sign up here.
Multiple sources say that Jefferies has hired Michael Georgis, the former Morgan Stanley head of fixed income who joined Barclays in July. Georgis has left again after two months.
Neither Georgis nor Barclays responded to a request to comment for this article. Jefferies declined to comment.
It's understood that Georgis is joining Jefferies as a managing director and country head of Switzerland for fixed income. At Barclays, he was a director in a similar role.
Jefferies doesn't have much of a fixed income trading presence in Switzerland and Georgis is expected to build a team there. If you want him to hire you, it may be a good idea to get in touch.
In the meantime, he's presumably embarking on the second round of gardening leave in a few months. It's a good life for some.
Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email editortips@efinancialcareers.com.
Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate.
