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Big interest in a discarded toy
MORGAN STANLEY IS the latest bulge-bracket investment bank to try to muscle in on the UK corporate broking scene, poaching a team of seven from Merrill Lynch at the end of April. The hiring continued into May with the new team, headed by Paul Baker, formerly the co-head of corporate broking at Merrill, hiring an additional two senior executives from CSFB and two junior executives from UBS.
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