Standard Bank is craving more Latin American action. The South African bank has recently poached Christian Corcino from Moody's Investors Service and Erick Hernandez from Deutsche Bank to beef up its Latin American capital markets group in New York (cont. on p. 25).
Morgan Stanley recently announced key additions to its global capital markets division with the appointments of two new managing directors. Robert Palache was hired to help develop the bank's securitization origination business in Europe. Gary Cottle will become head of corporates in European GCM, responsible for advising corporate and sovereign clients on risk management and finance including corporate debt and derivatives, liability management and transaction management. Both men were previously at Barclays Capital. Palache was head of real estate, corporate securitization and infrastructure finance while Cottle was a managing director and head or corporate risk advisory in Europe, Middle East and Africa.