A senior banker who was dismissed by Morgan Stanley alleged the company made up his job title to meet European requirements on post-Brexit rules, the Financial Times reported. The banker was given the title “head of loan trading” when he joined Morgan Stanley in Frankfurt in April 2021, but testified he was told not to use the title, the paper said. The title was part of an effort by the bank to convince regulators that Morgan Stanley had moved top staff to Frankfurt to comply with post-Brexit rules, the FT said. The European Central Bank had urged international lenders to manage their EU operations with local ... (full story)