JP MORGAN SWIPES MORGAN STANLEY BANKER – Lawrence S. (Steyn) is joining JP Morgan as a Vice Chairman from Morgan Stanley; the move comes as JP Morgan wants to add more firepower to the firm’s industrials coverage. Eric Stein, the firm’s Head of North American Investment Banking said in a memo, “Lawrence joins the firm from Morgan Stanley, where he spent more than a decade leading coverage of many of the top industrial companies and has led several landmark transactions in the sector. He will partner closely with our Diversified Industries team and Product Bankers, and his client relationships are a great complement to our existing strong franchise in this sector.” #SpartanInternational