ENRC Brokers Deutsche Bank, Morgan Stanley Resign Amid Probe

Eurasian Natural Resources Corp.’s two corporate brokers have quit as advisers to the ferroalloys producer that’s facing an investigation by the U.K. Serious Fraud Office.

“After many years with the company, Morgan Stanley and Deutsche have stepped down in recent weeks,” ENRC said in an e-mailed statement today. The London-based mining company is reviewing potential replacements, it said.