FX people moves: Morgan Stanley continues to bulk up FXPB
Morgan Stanley announced this week that it has hired Martin Bradford, who was previously head of European FX prime brokerage sales at RBS.
He joins Morgan Stanley as a senior marketer in FXPB and as an executive director at the London office.
Bradford is the latest in a line of hires in the FXPB division, which is headed up by Martine Bond, who joined in September last year from JPMorgan.
Martine Bond told the FiX yesterday: “FX is a key business for Morgan Stanley and two of the strategic areas for investment and growth are ecommerce and FX prime brokerage. Over the past 12 months, Morgan Stanley has made a significant investment in both technology and people in these products.
“FXPB is a very profitable area and it really provides clients with a value-added service.”
She added: “If we continue on our current trajectory, we’re hoping to add a couple more people to the global team in our London, New York and Hong Kong offices.”