Morgan Stanley crowns King as head of oil liquids
PetroChina hires BAML trader; Freepoint takes on BAML gas duo; Yew moves to GDF Suez; BAML hires FICC trading chief; Goldman metals trader leaves bank
Morgan Stanley has made several key changes at the top of its commodities unit, as the bank prepares for the sale of its global oil merchanting business to a subsidiary of Russian state-owned oil company Rosneft, which was agreed in December 2013. The changes were laid out in an internal memo obtained by Energy Risk and confirmed by a bank spokesman.
Most notably, Nancy King has taken over as head of the bank's oil liquids business. Previously, she held the role of chief risk officer (CRO) for
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