Morgan Stanley tempts two from JP Morgan

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LONDON – Morgan Stanley continues to ramp up its foreign exchange prime brokerage (FXPB) business, luring staff away from US rival JP Morgan in London.

Kate Lowe is set to join in early January to run the global account management team, reporting locally to Martine Bond, global head of Morgan Stanley's FXPB business. At JP Morgan, Lowe was an executive director and served as European head of the prime brokerage onboarding team from 2003.

Meanwhile, Louisa Kwok joins the legal and documentation

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