Morgan Stanley, owner of the world’s largest brokerage, hired Jack O’Connor as head of North American institutional sales for its investment-management unit.
Gregory Fleming, head of the investment-management division, also hired Paul Julius as chief financial officer of the unit, Barnes said in an e-mail. Julius joins the New York- based firm from Credit Suisse AG’s private-banking unit, where he was chief administration officer since January 2007.
Morgan Stanley Chief Executive Officer James Gorman hired Fleming, a veteran of Merrill Lynch & Co., in December to run the investment-management unit. The division had $220 billion in assets under management as of March 31, an increase of about 4 percent from a year earlier, according to its website.