Fear not. According to WSJ Morgan Stanley moved to reassure its investment
bankers that this week's management shake-up won't diminish the role of the
firm's deal makers.
The New York bank said Monday that investment-banking chief
Paul Taubman would leave the firm at year-end. Mr. Taubman was passed over for
a new job overseeing both the trading and investment-banking operations, people
involved in the process said. The position went to Colm Kelleher, who has
overseen sales and trading.
To calm nerves and soothe egos among the firms' bankers,
Morgan Stanley gathered its new team of investment-banking leaders in New York
this week….
No comments:
Post a Comment