M.Stanley names Japan prime broking head in Asia push
Friday, December 18, 2009 : PermalinkReuters – Morgan Stanley has appointed a new head for its prime brokerage business in Japan as the bank aims to increase the unit’s head count in Asia by about a third in 2010, a senior bank official said.
The Wall Street bank expects to take the headcount in its prime brokerage business in Asia to about 90 next year, seeking to build back its past dominance after its position was shaken by the financial crisis.
