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Morgan Stanley makes cuts to real money FX coverage

Departures from London-based team came as bank was reportedly shedding 2,500 jobs

Morgan-Stanley-Canary-Wharf-building
Alamy/Stefan Kiefer

Morgan Stanley has cut four London-based foreign exchange salespeople and traders, who were covering real money clients, according to two sources with knowledge of the departures.

The Wall Street Journal reported last week that the bank has cut 2,500 jobs in total – around 3% of the workforce – shortly after reporting record profits of $16.9 billion for 2025.  

Among those departing are Tyler

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