People: Morgan Stanley announces cuts in equity and forex

- Michael Watt
- 06 Feb 2013

Morgan Stanley is parting ways with a significant number of traders and salespeople in its equity and foreign exchange derivatives businesses, following the recent decision to cut 1,600 jobs across the firm. The US bank joins Royal Bank of Scotland, UBS and Citi on a long list of institutions that are shedding investment banking and trading staff.

At least seven members of Morgan Stanley’s forex

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