KEY POINTS Mondelez’ CEO said this week the coronavirus crisis has showed “we can work in different ways,” and as a result, the company does not need all its global offices. Nationwide, which has gone to 98% work from home during Covid-19, announced a permanent transition to a hybrid model, with working-from-office in four main…
US-based investment bank Morgan Stanley is planning to cease its banking operations in Russia in the first quarter of next year according to Reuters. Citing the reason for the move, the bank’s Russian arm said in its annual report that it was becoming tough for businesses in Russia to gain international capital markets access owing…
Morgan Stanley has named a new head of its team serving private equity clients in Europe — as banks step up efforts to reap fees from buyout firms’ record sums of untapped capital, amid signs of an uptick in M&A. Massimiliano Ruggieri, Morgan Stanley’s head of investment banking for Italy, has been promoted to run financial…
The head of Morgan Stanley’s international wealth management team, James Jesse, has left the firm, a spokeswoman said on Friday. Colbert Narcisse, who led product strategy and development in Morgan Stanley’s investment solutions division, will replace Jesse, according to a firm memo and Morgan Stanley spokeswoman Christine Jockle. Narcisse joined Morgan Stanley’s investment management division…
