Amitabh Arora has been rehired by Lehman Brothers as a senior vice president and head of interest rate strategy. Arora, who had left Lehman Brothers last summer to head the mortgage research group at Morgan Stanley, will now report to Managing Director and head of liquid markets strategy Jeff Biby. In the first stint at Lehman Brothers, Arora headed the MBS modeling group.

Banco Santander in Brazil has hired Antonio Oliveira as an associate in its capital markets group. In his new role, Antonio will join vice president Ricardo Leoni in building structured transactions, primarily real estate receivable deals (CRIs) and credit receivable investment funds (FIDCs). Oliveira was formerly at ABN AMRO, where he worked for one year as an associate on the debt capital markets team. Prior to that, he spent five years in the Latin American debt capital markets and credit groups at JPMorgan Chase.

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