Morgan Stanley is seeking to increase its market share in fixed-income operations by about 2%, The Wall Street Journal reports. The bank increased its head count within foreign-exchange and interest-rate trading by 40% and 20%, respectively, in 2010

The CEO of the investment bank, James Gorman, expects the recent appointments to boost revenue and market share. The fixed-income business posted $29 million of trading losses in January 2011, as compared to $663 million revenue witnessed in January 2010.

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