People News: C Suisse, Morgan Stanley

Credit Suisse’s U.K. head Garrett Curran plans to leave the firm to pursue 'outside interests' as the bank overhauls operations to boost profit.

Bloomberg News reports that Curran, who joined Credit Suisse in 2008 and also oversees fixed-income sales for Europe, the Middle East and Africa, will depart in early February, according to an internal memorandum obtained by Bloomberg News. 

In the meantime, Bloomberg also reports that Morgan Stanley’s Steve D’Antonio, Chief Operating Officer of its fixed-income division, is retiring after almost 30 years at the firm.

D’Antonio, 56, plans to focus on urban education and children’s health care, fixed-income co-heads Michael Heaney and Robert Rooney said Friday in a staff memo obtained by Bloomberg.

Morgan Stanley is reducing the size of its fixed-income business following a years-long decline in revenue.

Credit Suisse U.K. Head Garrett Curran Plans to Leave Firm

Morgan Stanley Bond-Trading Executive D'Antonio to Retire

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News