People News: C Suisse, Bay Crest Partners, Morgan Stanley

Credit Suisse Tower

Garret Jankowski, a former loans trader at Credit Suisse, joined broker-dealer Bay Crest Partners this month.

Bloomberg News reports that Bay Crest added Jankowski in May after he departed the Swiss bank, according to Financial Industry Regulatory Authority records. Jankowski traded debt backed by risky corporate loans, known as collateralized loan obligations, at Credit Suisse before leaving in February, a person with knowledge of the matter said at the time.

In the meantime, Bloomberg also reports that Phibro LLC hired two executives to expand its commodities trading business.

Dana Auslander was appointed as managing director in charge of investor relations, and Kevin O’Reilly will be advisory director guiding product development and fundraising, the Stamford, Connecticut-based company said in a statement on Thursday. Phibro was shuttered after 113 years in 2014 and then restarted under the direction of ex-Morgan Stanley co-head of commodities Simon Greenshields.

Ex-Credit Suisse Loans Trader Jankowski Joins Bay Crest Partners

Phibro Expands With Hires From Morgan Stanley, Harbinger Capital

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