LONDON, May 11 (IFR) - Elias Spangenberg, a credit syndicate manager at Morgan Stanley, has left the bank to join SEB, according to a source familiar with the matter.
Spangenberg will move to SEB's Stockholm office, where he will work on the bank's syndicate team, responsible for investment-grade and high-yield credit.
He will start the role in mid August.
Spangenberg joined Morgan Stanley in April 2007, according to his LinkedIn profile.
A spokesperson at Morgan Stanley declined to comment.
(Reporting By Laura Benitez; Editing by Philip Wright)
UPDATE 3-Bastos resigns as head of Brazil's BNDES as scandal heightens pressure
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.