☰ Menu eFinancialCareers

Morgan Stanley has been doing a lot of hiring from other investment banks

Morgan Stanley hiring

If you want an indication of which investment bank is among the most appealing currently, the firm that’s poaching from its rivals is a good indication. That bank in the past month is Morgan Stanley.

Morgan Stanley has hired traders and investment bankers from Goldman Sachs, Credit Suisse and other firms over the past few weeks, while also holding on to most of its existing employees, according to filings on the Financial Conduct Authority register.

Morgan Stanley has stated that it intends to grow in fixed income – despite being the only large investment bank to post revenue gains in both equities and FICC during the second quarter – but recent hires are a mixed bag.

Credit Suisse and Goldman Sachs have been particular targets for new recruits. Darren Louis, who was a managing director and head of EMEA local markets trading for emerging markets at Credit Suisse, joined Morgan Stanley earlier this month as an executive director. Meanwhile, Harriet Browning, a VP in structured sales, also switched across in July.

Goldman Sachs employees to move across include Eric Govind, an executive director in emerging markets equity derivatives and Howard Brocklehurst, who was a vice president in DCM.

Morgan Stanley has also brought in senior Bank of America Merrill Lynch research analyst Ben Maslen to co-head its European capital goods research team, and it’s rehired Luke Parker, an interest rates derivatives trader, from hedge fund Caxton Associates where he’d worked for the past two years.

It’s also hired Rhodri Fullard, who was latterly global head of futures execution technology at Royal Bank of Scotland.

Comments (0)

Comments

The comment is under moderation. It will appear shortly.

React

Screen Name

Email

Consult our community guidelines here