The head of European leveraged credit trading for Morgan Stanley has resigned.
Robert Lepone, who oversaw various teams, including high yield bonds, leveraged loans, credit default swaps and distressed debt, left Morgan Stanleys London office for personal reasons, a spokesman said.
His replacement will be announced in the coming weeks, the spokesman said, declining to comment further. Lepones departure comes less than two weeks after Joseph McManus, a vice president with Morgan Stanleys investment grade credit products group, left to join CastleOak Securities fixed-income sales team.
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