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Morgan Stanley lands ex-Citi trading star

Morgan Stanley has strengthened its equity trading business in Europe with the high-profile appointment of Richard Evans, the former top electronic trader at Citigroup, as the division’s new head of strategy in the region.

Evans will join Morgan Stanley at the start of next month to oversee European strategy for its flagship Delta One equity trading system, according to sources close to the US bank. Morgan Stanley declined to comment, while Evans was unavailable for comment.

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