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Morgan Stanley appoints E*Trade leaders to top wealth division jobs


Morgan Stanley appoints E Trade leaders to top wealth division jobs
Reuters
1 hr ago
© Reuters/LUCAS JACKSON
FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York
NEW YORK (Reuters) -Morgan Stanley appointed several executives from E Trade to senior roles on Wednesday in a leadership shuffle that brings leaders from the online broker into the top ranks of the firm s wealth management division, according to a memo seen by Reuters.
The moves make a unified leadership team, Andy Saperstein, head of the wealth business, wrote in the memo. Morgan Stanley bought E Trade last year for $13 billion. ....

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Morgan Stanley Shuffles Wealth Leadership, Names New CMO: Memo


REUTERS/Brendan McDermid
Morgan Stanley has named new leaders in its wealth division as it integrates E-Trade.
The bank also recently named a new chief marketing officer, previously with E-Trade. 
Andy Saperstein, recently named co-president of the firm, detailed the changes in a memo.
Morgan Stanley has added several E-Trade executives to its sprawling wealth management division s leadership team and recently named a new chief marketing officer for the firm, according to a memo co-president Andy Saperstein sent to employees on Wednesday.
The New York investment bank has been in the process of meshing E-Trade and its $4.2 trillion wealth management business at a moment when retail investors, who have long flocked to E-Trade as a do-it-yourself trading platform, are flooding the markets. Morgan Stanley closed on its acquisition of the brokerage last October. ....

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