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Morgan Stanley Expands Its Search for Black Traders to London

  • Wall Street bank launches program aimed at widening diversity
  • First hires will hit the trading floor in February 2022
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Wall Street’s Black College Recruitment Pledge Has a Slow Start

Morgan Stanley is bringing its program to hire more Black and female traders and salespeople to London, hoping to replicate the success it’s had on Wall Street.

The Morgan Stanley Experienced Professionals Program is aimed at recruiting Black or female candidates already working in other industries that might not have considered a career at a bank. The program has received more than 800 applications in the U.S. since opening last September and led the bank to hire about 70 staff across its business.