Morgan Stanley loses two FX traders

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Jennions joined Morgan Stanley in 2000 as vice-president on the emerging markets FX desk, reporting to Roberto Hoornweg, who was then managing director in fixed income in London. Before that, Jennions had also worked at Credit Suisse First Boston and Crédit Agricole.

The news follows six other departures at Morgan Stanley in London and New York earlier this year, with all understood to be moving to hedge fund Brevan Howard.

The departures included Matt Feldmann, executive director and head of FX

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