Nikki Tippins, a managing director in structured products and a VP in the equity derivatives group at JPMorgan, has left the bank's New York office and is rumoured to be joining Morgan Stanley. Tippins, who headed JPMorgan's distribution in the US, Canada and Latin America, reported to Jason Sippel, recently appointed head of equity derivatives for the Americas. A JPMorgan spokesperson confirmed the departure, saying no replacement has yet been made. Morgan Stanley declined to comment. As pre
