Jul

Morgan Stanley Elevates CEO Contender

Wall Street firm is giving trading executive Ted Pick an expanded role that includes investment banking

Morgan Stanley offered more clues into its slow-burning succession race, elevating a top trading executive seen as a favorite to eventually replace Chief Executive James Gorman.

Ted Pick, Morgan Stanley’s trading chief, will add oversight of investment banking, a move that puts him in charge of half of the firm’s revenue and cements his frontrunner status…

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Morgan Stanley Elevates CEO Contender

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