Morgan Stanley loses corporate broker Cochran to BG Group

MORGAN Stanley is losing Alistair Cochran from its UK corporate broking team. He is joining the exploration group BG to head up its mergers and acquisitions department.

Cochran joined Morgan Stanley in 2004 from Credit Suisse along with Alisdair Gayne, as the US bank looked to build out its corporate broking franchise.

A managing director, he last year worked on British energy firm International Power’s merger talks with GDF Suez Energy, Vedanta’s proposed acquisition of a stake in Cairn India and National Grid’s $5bn rights issue. He was also part of the team that advised Glencore on its blockbuster UK flotation last year, and has recently advised First Quantum Minerals and Polymetal.