Morgan Stanley Hires Toscano for Leveraged Finance
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Morgan Stanley, the sixth-largest U.S. bank by assets, hired Dan Toscano as co-head of global leveraged and acquisition finance as lending to non-investment grade companies rebounds.
Toscano, 45, will join the New York-based firm May 3 and will lead the group with Gene Martin, according to an internal memo from Raj Dhanda, Morgan Stanley’s head of global capital markets. A copy of the memo was obtained by Bloomberg News and confirmed by Morgan Stanley spokeswoman Mary Claire Delaney.