<p>Morgan Stanley MS, -1.18% has hired First Republic Bank FRC, -2.54% wealth advisor <strong>Steven Levine</strong> in another departure from the troubled bank, Barrons reported late Wednesday. Citing two people familiar with the situation, Barrons reported that Levine has joined Morgan Stanley in Palm Beach, Fla. The publication reported that Levine was ranked in the Barrons Top 1,200 Financial Advisors for 2023, with a four-person team that managed $2.3 billion as of Sept. 30. First Republic stock is down 0.4% in premarket trades. The stock has fallen about 90% this year amid jitters about a drop in deposits after the collapse of fellow California lender Silicon Valley Bank.</p>

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First Republic wealth advisor moves over to Morgan Stanley: Barrons

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Morgan Stanley | Steven Levine | Wealth Advisor | Americas

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Public-Sector Debt Trader

Mandeep is a Fixed Income Trader at BNP Paribas CIB, a position he has held since September 2008. He studied Economics and Statistics at UCL from September 2005 to June 2008.

SSA Trader

Mid-level

Luke is currently an SSA Trader at Morgan Stanley, a position he has held since October 2024. Before this, he worked at RBC Capital Markets as a Vice President in HQLA Trading & Portfolio Management from September 2022 to October 2024. His earlier experience includes various roles at HSBC from June 2017 to September 2022, where he served as an SSA Trader, Euro Government Bond Trader, and EM FX Trading Summer Analyst.

Luke earned a Master’s Degree in Mathematics and Statistics from Durham University, where he studied from 2013 to 2017. Additionally, he completed a course in Portfolio Management at the Institute of Trading and Portfolio Management in 2015.

SSA Debt Capital Markets Origination

Robert is currently a SSA DCM Origination at Morgan Stanley, a position he has held since September 2024. Prior to this, he worked at Bank of America as a SSA DCM Origination & Derivatives from July 2021 to September 2024. He began his career at BNP Paribas in January 2016, where he held roles in Structured Capital Markets, DCM Sustainable Capital Markets, and SSA DCM & Derivatives until July 2021. Before that, he was part of the Fixed Income Client Services team at HSBC from August 2014 to December 2015.

Robert earned a Bachelors Degree in Business Management (Economics) from the University of Gloucestershire, completing his studies from 2011 to 2014. He also completed the CFA Program at Level 1 in 2017.

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North America

Morgan Stanley | Steven Levine | Wealth Advisor | Americas

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