Morgan Stanley: Prioritising FXPB
In the past 18 months, dealers that have entered into or re-invested in the business have included BNP Paribas, HSBC, Credit Suisse, Barclays Capital, SEB and Morgan Stanley.
Morgan Stanley famously gained a four-strong forex prime brokerage team from JP Morgan, headed by global head Martine Bond, to spearhead efforts to expand its FXPB business. Since then the bank has added heavily to its headcount, the most recent addition being Martin Bradford, formerly head of European foreign exchange
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