Hopkins and Eggleston leave Morgan Stanley

Amid wide-scale cuts to the bank's FX and rates business

Pete Eggleston at Morgan Stanley
Pete Eggleston exits Morgan Stanley

Morgan Stanley has lost two more senior people from its foreign exchange business as part of cuts to the unit, which sources say will have an impact on up to 40% of the team in London and a quarter of employees in fixed-income and rates globally.

Guy Hopkins, head of FX sales for Europe, the Middle East and Africa (Emea) at Morgan Stanley, has left the bank after working there for more than seven years. Meanwhile, Pete Eggleston, a managing director and head of the quantitative solutions and

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