Morgan Stanley Loses Two Newly-Minted MDs

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by StockJockey
Thursday, March 09, 2006 - 7:31 am

Lehman Brothers brought the number of poached Morgan Stanley bankers to five with its recent hiring of Petter Sternby in Europe. Sternby, who was recently promoted to managing director, had been the top dog in Morgan’s Nordic investment banking business. Sternby’s departure comes on the heels of Titus Leung’s leaving to joined Joseph Perella’s new shop. And so the brain drain continues.
Two MDs Quit Morgan Stanley [Financial News]

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