Investment bank Moelis & Co said it hired long-time utility sector banker John Thorndike to boost coverage of major power company clients. Thorndike joins Moelis from Credit Suisse Group , where he has been managing director for the past five years. He had previously worked for Merrill Lynch and Morgan Stanley.
Credit Suisse Group AG (Credit Suisse) is a financial services company. Shares of CS fell by 0.42% or $-0.11/share to $26.19. In the past year, the shares have traded as low as $22.23 and as high as $47.63. On average, 2669000 shares of CS exchange hands on a given day and today's volume is recorded at 2030198.
Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.78% or $0.13/share to $16.85. In the past year, the shares have traded as low as $12.36 and as high as $31.04. On average, 28129900 shares of MS exchange hands on a given day and today's volume is recorded at 20962866.
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