• Morgan Stanley has rehired Joseph Kraft as a managing director and head of its foreign exchange business in Japan, where he will oversee all forex sales and trading in that market.
Kraft has more than 20 years’ experience in the Japanese financial industry, most recently running capital markets at Dresdner Kleinwort in Tokyo and previously managing rates and currencies at Morgan Stanley Japan. He reports jointly to Sowen Ng, head of Asia Pacific foreign exchange sales in Hong Kong, and Mitch

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