Morgan Stanley Names Collins to Lead Client-Solutions Group

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Morgan Stanley, the sixth-largest U.S. bank by assets, named Wylie Collins to head its client-solutions group after David Moffitt, who led some of the businesses, left the firm.

Collins, a vice chairman in Morgan Stanley’s capital markets unit, will oversee the group in the Americas, according to an internal memo from capital markets head Raj Dhanda that was obtained today by Bloomberg News. Mark Lake, a spokesman for New York-based Morgan Stanley, confirmed the memo’s contents.