Morgan Stanley's new MD class is larger than last year's though short of the multiyear highs hit at Goldman and Citi. Some 46% of the new MDs come from the firm's institutional securities group ...

Rival Goldman Sachs names new MDs every other year. At Morgan Stanley, the new class is the first set of MD promotions under chief executive Ted Pick, who took the helm of the bank in January 2024.

As Shane’s role has expanded, Matteo Benedetto, a managing director on the syndicate desk, has been promoted to EMEA co-head ...