Morgan Stanley’s Ted Pick was promoted to head the division that houses all of its investment bankers and traders, bolstering his position as a possible successor to Chief Executive Officer James Gorman.
Twenty-year veteran of company who had been given expanded responsibilities in the past year may have stumbled over an outside business activity.
Financial advisers counting on an industry pact to switch jobs safely with clients in tow could run into obstacles after a ruling by a Georgia state court last week.
Eric Grossman doesn’t look like he would want to do anything drastic.
Securities and Exchange Commission faults policy-and-procedure deficiencies that allowed Barry Connell to make more than 100 unauthorized transactions in just under a year.
Changes come as firms are consolidating real estate and rethinking regional sales job functions.
Katie Flaherty, who had run five offices in Connecticut, will replace an ousted manager at rival wirehouse following her 60-day garden leave.
Morgan Stanley, which aims to expand its use of artificial intelligence, has hired Michael Kearns to help guide the effort.
Morgan Stanley hired Phil Allison, previously of KCG Holdings Inc., to lead the automation of its fixed-income business.
Agreement with Florida advisor illuminates the reach of the restrictions that firms can impose once they leave the Protocol for Broker Recruiting.
Claims regulator’s settlement letter with her former manager wrongly says she knew about unauthorized trades in the accounts of a billionaire client with dementia.