Morgan Stanley Appoints Mexico Head

Morgan Stanley has appointed Jaime Negrete as president of its operations in Mexico, Bloomberg reports. Negrete had joined the New York-based lender in 2008 as co-head of investment banking in Mexico.

Prior to this, he was associated with investment-banking business of Credit Suisse Group in Mexico for 10 years. In 2010, Morgan Stanley set up an equity sales and trading team in Mexico led by Miguel Machado.

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