Morgan Stanley commodity co-heads step aside

摘要

The long-time co-heads of commodity trading at Morgan Stanley have decided to step aside, and are to be replaced by traders who have specialized in oil and natural gas trading. The cause of the changeover at one of the largest energy trading financial institutions was not further explained by the bank. However slumping commodities prices has many trading houses concerned about the impact on their clients’ financial health and their own future trading revenues.