Departures from Morgan Stanley that started around two years ago, when the head of equity derivatives left the bank, have continued with Simon MacDonald, an executive director in rates and hedge fund sales in Hong Kong leaving the bank. Pierre Mendelsohn ( pictured ), head of Asia equity derivatives distribution and global head of retail structured products in Hong Kong, l eft the US investment bank in June 2014. Mendelssohn launched Alpima , a London-based financial services company in Novembe

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