Wednesday, July 25, 2007

Morgan Stanley moves reveal European focus

(Reuters) - The second-largest securities firm in the world announced a series of management moves Wednesday that will send its global head of investment banking -- and, for the first time, the global mergers and acquisitions head -- to London. Moreover, three members of the firm's five-man investment banking operating committee will call London's Canary Wharf their home office.




The moves "will help us build upon the growth of our institutional businesses, strengthen regional authority outside the U.S. and sharpen our focus on global clients," Morgan Stanley Chairman and Chief Executive John Mack said.


Read more at Reuters.com Bonds News

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