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Help Wanted: Morgan Stanley putting out feelers for more sales traders

|Includes: Morgan Stanley (MS)

It’s not only brokers being highly sought after as Wall Street and the financial industry rebuilds itself.  From today’s WSJ, “Morgan Stanley makes sales, trading hiring push“,

Morgan Stanley is in a hiring push that will add as many as 400 trading and sales positions as it tries to revive profits in areas such as fixed-income trading, emerging markets and foreign exchange, according to people familiar with the situation.

Walid Chammah, co-president of the Wall Street firm, said in an internal meeting last month that the hiring plan is a “strategy of rebalancing and repositioning” fixed-income and equities trading, according to these people. The new hires will be split evenly between both sides.