Morgan Stanley senior investment banker Scott Matlock is retiring from the firm, according to a person with direct knowledge of the situation.
His departure was announced within the bank late last week, the person said, asking not to be identified because it wasn’t disclosed publicly. Matlock, 48, spent 25 years at Morgan Stanley and most recently worked as its chairman of international mergers and acquisitions, based in London.
He has focused in recent years on deals in the media and telecommunications industries, working with companies including British Sky Broadcasting Plc and Liberty Global Plc. He has yet to decide on his next career move, the person said.
Morgan Stanley ranked second last year behind Goldman Sachs Group Inc. for providing advice on mergers and acquisitions with about $492 billion in announced transactions globally, according to data compiled by Bloomberg. Michael Wang, a spokesman for the New York-based firm, declined to comment. The Wall Street Journal reported Matlock’s departure earlier today.