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Morgan Stanley rejigs currency and rates group

Morgan Stanley announced last week that Jonathan Chenevix-Trench is now focusing exclusively on his role as chairman of the Institutional Securities Group Operating Committee in Europe, relinquishing his fixed-income responsibilities as head of the global interest rate and currency group, effective March 31, 2005. He remains in London, reporting to Vikram Pandit, head of the institutional securities group, and Sir David Walker, chairman of Morgan

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