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UBS blocks operative off to Morgan Stanley

Morgan Stanley is gunning for a bigger piece of the pie in the lucrative block-trade market, pinching UBS’s block-trades specialist Tom Tepaa.

Morgan Stanley is betting on Tom Tepaa to generate block trades.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/ubs-blocks-operative-off-to-morgan-stanley-20250324-p5lm4l