JP MORGAN POACHES STAR TRADER – JP Morgan has poached a top Trader from Goldman Sachs’ Trading Team. Borzu Masoudi, who was supposedly part of the team that made $200mn in profit in one day, will be joining the New York based bank in August this year. Masoudi is a trader on the US Index Flow Trading Desk and will be replacing David Kim who left the bank for Bank of America Merrill Lynch last month. The competition for top quality traders has increased dramatically, JP Morgan in addition to Kim have also lost @Seok Yook Jeong, Head of Index Flow Volatility Trading in the US to Citigroup. #SpartanInternational