Marc Badner, executive director in credit sales at Morgan Stanley in New York, has left the firm and is headed to RBS Greenwich Capital Markets in a similar role. Badner will join Greenwich Capital as a managing director in credit sales reporting to Mark Landis, managing director in structured credit sales, confirmed Peter Ward, spokesman. He was unable to provide additional information and Landis did not return a call. Badner could not be reached.
The hire marks the second significant credit sales addition for RBSGC in recent weeks and comes shortly after that of Glenn Hall, high-grade credit salesman at Lehman Brothers (BW, 2/7). He started at Greenwich Capital earlier this month.
Mark Lake, spokesman for Morgan Stanley, confirmed Badner's departure and said his duties will be consolidated among existing salesmen.
