Morgan Stanley Hires Goldman’s Hadden for Interest-Rate Trading
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Morgan Stanley, owner of the world’s largest brokerage, hired Glenn Hadden to run its interest-rate unit as the firm seeks to boost fixed-income trading revenue.
Hadden joins the company as global head of interest rates after 15 years at Goldman Sachs Group Inc., where he was head of U.S. government bond trading, according to an internal memo obtained today by Bloomberg News. Mary Claire Delaney, a spokeswoman for the New York-based bank, confirmed the contents of the memo.