Dimitrios Nikolakopoulos, a managing director and co-head of equity exotics and hybrid trading at J.P. Morgan, has resurfaced at Goldman Sachs.
In another example of the two banks poaching senior long-serving employees from one another, Nikolakopoulos – who has been with J.P. Morgan since 2000 when he joined as an associate in its equity exotics and hybrid trading desk – joined Goldman Sachs as a managing director in August.
At J.P. Morgan, Nikolakopoulos was responsible for structured exotics, hybirds, insurance, mutual and hedge fund derivatives, and illiquid derivative products. He moved into the role of managing director and co-head of equity exotics trading in 2009, having previously headed up the fund derivatives and finance division.
Earlier this month, as we exclusively revealed, John Delaney – who spent 20 years at Goldman Sachs, latterly as an executive director – joined J.P. Morgan for a senior post in its European prime broking business.
Separately, in a sign that not all investment bankers are convinced that moving to a smaller player is a good career move, Morgan Stanley has hired Paul Howard from Oriel Securities.
Howard left J.P. Morgan for the role of corporate vice chairman at mid-cap broker in February, but departed from Oriel after less than a month in the role. Howard was brought in by former chief executive David Knox, with whom he worked at J.P. Morgan Cazenove’s TMT research team. Knox also left in February and Howard swiftly followed him out of the door.
Howard joined Morgan Stanley on 21 August, according to filings on the Financial Conduct Authority register. Morgan Stanley didn’t immediately respond to requests for comment on details of Howard’s new role.
Goldman Sachs didn’t immediately respond to requests for comment.