Morgan Stanley raids JPM and Credit Suisse in Asia

HONG KONG - Morgan Stanley has confirmed a batch of hires from Credit Suisse and JP Morgan as it drives expansion in its distribution of interest rates, currency and credit (IRCC) in China.

As reported by FX Week earlier this summer, Morgan Stanley has raided Credit Suisse's China sales team to help boost its coverage in the country (FX Week, July 13). The hires are led by Larry Chi, who started on September 21 in Hong Kong as head of IRCC China sales. He is joined by three other former Credit

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