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Trading Places: Morgan Stanley’s MD promotions, Linklaters suffers another departure, Bain co-chair retires

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Morgan Stanley promoted 184 people to the coveted role of managing director, with women comprising nearly 40% of those to make the cut — the largest proportion ever.

In its London investment bank, Evelyn Phan, who works in Morgan Stanley's financial sponsors team and was one of FN's rising stars of investment banking in 2022, made the cut, along with Rita Touma, who works in the bank's consumer and retail dealmaking unit.The former head of Morgan Stanley's operations in Europe was appointed chief executive of fintech firm...

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