Morgan Stanley hires JPMorgan's Bond, 3 others

NEW YORK | Wed May 27, 2009 2:59pm EDT

NEW YORK May 27 (Reuters) - Morgan Stanley (MS.N) has hired four members of JPMorgan Chase & Co's (JPM.N) foreign exchange prime brokerage team, a person familiar with the hires said on Wednesday.

The hires include Martine Bond, JPMorgan's global head of foreign exchange prime brokerage, who will work from the UK under the same title for Morgan Stanley, the source said.

Also hired were three vice presidents from Bond's team at JPMorgan. Two are based in New York and one is based in the UK.

Morgan Stanley and JPMorgan declined to comment. (Reporting by Steve Eder and Elinor Comlay; Editing by Gary Hill)

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