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Morgan Stanley Makes Changes To Boost Fixed Income

Morgan Stanley has made management changes to help boost its fixed-income trading unit, reports Bloomberg.

Morgan Stanley has made management changes to help boost its fixed-income trading unit. CEO James Gorman has named Ken deRegt, the bank’s chief risk officer, to replace Jack DiMaio, who is leaving the firm, as head of interest rate, credit and currency trading. Also, Greg Fleming has been appointed to succeed Charles Johnson as president of Morgan Stanley’s retail brokerage.

Click here to read the story from Bloomberg

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