Morgan Stanley boosts Asian headcount

The US firm announces a reorganisation of the general industries group and adds staff in Southeast Asia.

In a major reshuffling of its Asian operations, Morgan Stanley is shifting key personnel within the region, and bringing in bankers from offshore. The key areas affected are the general industries group GIG and Southeast Asia.

Kate Richdale will come in to run the important general industries group, a role that was left vacant when Matt Hanning departed for UBS. Richdale, who has been with Morgan Stanley for seven years, had previously held senior roles in capital markets and...

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