As Morgan Stanley cuts back its presence in physical oil, the US bank is seeing flurry of staff changes across its commodities unit. The moves include a spate of departures in Europe and North America, as well as two new hires in Singapore.
Tom O'Connor, the bank's New York-based head of crude oil trading, is leaving the firm after 14 years. Prior to joining Morgan Stanley, he worked as a fuel trader for US refiner and marketer Tosco. It is not known where he is headed.
Simon Fenner, head of str
The week on Risk.net, December 2–8, 2017Receive this by email