The new lending group at Morgan Stanley & Co. is looking more and more like the one that used to be at Bankers Trust New York Corp.

Since luring L. Bram Smith away from his position as head of loan syndications from Bankers Trust in late February, the investment bank has hired three of Mr. Smith's former colleagues: Chris Pucillo, a performing- loan trader, and salesmen Eric Coombs and Kris Mack.

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