Trading Places, December 13, 2010

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Héritier fails to join Morgan Stanley
Francois Héritier will not join Morgan Stanley as planned, according to market sources. The former managing director in foreign exchange sales at the Royal Bank of Canada (RBC) left the bank's London office in July, with the intention of relocating to Morgan Stanley. However, Héritier's plans have been abandoned. The reasons are unclear.

Previously, Héritier worked at RBC in a variety of senior roles, including head of institutional FX sales, global co-head

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