Morgan Stanley Names 199 New Managing Directors, Most Since 2012
- About a 10th of employees in group in the U.S. are Black
- Women now account for 23% of all managing directors, a record
Morgan Stanley global headquarters in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Morgan Stanley picked 199 employees as new managing directors in its biggest batch of promotions to the role in a decade.
A third of the new managing directors are women, according to a person with knowledge of the situation who asked not to be named. That means 23% of the bank’s managing directors are now female, a record for the New York-based company.