Morgan Stanley led the Dkr1.9bn (€265m) sale of shares in Lundbeck, a pharmaceutical company, in its first Danish equity offer since 1987.

The last time the US bank was a bookrunner on a Danish issue was in May 1987. It led the Dkr406m sale of shares in Privatbanken, a financial services company, according to Dealogic, the investment banking research firm.

Morgan Stanley strengthens Nordic franchise

Shanny Basar

Morgan Stanley

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did.

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Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

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