An offside offsite

Never let it be said that Morgan Stanley Dean Witter doesn''t care about its staff.

In the past few months we have seen a flurry of reports detailing the lengths management in the investment banking fraternity have been willing to go to stop a continued exodus of staff across the rubicon to dot.com land. Once put-upon analysts are now allowed to dress down, sip free cappucino, make liberal use of a concierge service to organize their lives and in some cases, are even being given an underwear allowance when travelling for work and unable to use hotel laundry.

In Asia, however, Morgan Stanley remained unsure that it was getting the message across. And in the best liberal American tradition, the bank wanted to ensure that it was satisfying...

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