Morning Scan: Morgan Stanley Promotions, Q3 Earnings Could Dissapoin...

Receiving Wide Coverage ...

Morgan Stanley Promotes Two: The investment bank has rewarded two of its star employees with big promotions, bringing them into the upper echelon of management, Financial Times reported. Edward Pick, who oversaw the resurgence of the bank's stock trading operations, is now global head of sales and trading. And Dan Simkowitz became the head of Morgan Stanley's investment-management division. The two men will also join the bank's operating committee. The Simkowitz move...