Morgan Stanley forex co-head retires
Morgan Stanley has made Philip Newcomb sole global head of foreign exchange, following the retirement of Peter Murray at the end of January, reports Risknews ' sister publication FX Week . Murray, who was based in London, and Newcomb, based in New York, were formerly co-heads of global foreign exchange.
Sarah Edgington becomes head of UK investment sales and Ekkehard Stegner head of European investment sales. Edgington joined Morgan Stanley as a forex sales dealer in July 2002 from Goldman Sachs. Stegner was previously a foreign exchange sales dealer, having joined Morgan Stanley from JP Morgan in 2000.
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