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REUTERS/Brendan McDermid Morgan Stanley has named new leaders in its wealth division as it integrates E-Trade. The bank also recently named a new chief marketing officer, previously with E-Trade.  Andy Saperstein, recently named co-president of the firm, detailed the changes in a memo. Morgan Stanley has added several E-Trade executives to its sprawling wealth management division's leadership team and recently named a new chief marketing officer for the firm, according to a memo co-president Andy Saperstein sent to employees on Wednesday. The New York investment...

Hedge funds exit SPACs as the honeymoon with blank-check companies ends ddefrancesco@businessinsider.com (Dan DeFrancesco,Jordan Parker Erb) © Spencer Platt/Getty Images A man pauses outside of the New York Stock Exchange (NYSE) on January 15, 2016 in New York City. Spencer Platt/Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today: The SPAC honeymoon is over as hedge funds are starting to dump shares in Michael Klein's blank-check company set to acquire Lucid Motors.

Traders Magazine Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley, effective June 1, 2021. Pick leads Morgan Stanley’s Institutional Securities business and will now also be responsible for Morgan Stanley’s international operations and become the Co-Head of Firm Strategy and Execution. Saperstein leads Morgan Stanley’s Wealth Management business and will now be responsible for all Wealth Management channels. He will also assume responsibility for Firm-wide Marketing globally. Dan Simkowitz, Head of Investment Management, will in addition be Co-Head of Fi...

Morgan Stanley defies bank diversity trend The leadership changes announced Thursday position a slate of potential successors to CEO James Gorman who are mostly white and male. May 20, 2021 4 MINS After years of talking about the need for more equality on Wall Street, two of the biggest banks just previewed what the finance industry’s next generation of leaders will look like. At Morgan Stanley, they’ll resemble the old guard. Chief Executive James Gorman unveiled his biggest leadership change in over a decade, positioning a slate of potential successors that’s mo...

NEW YORK CITY (dpa-AFX) - Morgan Stanley (MS) announced key leadership changes, effective on June 1, 2021. It has appointed Ted Pick and Andy Saperstein as its Co-Presidents. Both executives are