Travis Machen, who was named co-head of the North American bank group at Morgan Stanley in October, has left the firm, two sources familiar with the situation said on Tuesday. A Morgan Stanley spokeswoman declined to comment.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 0.48% or $0.105/share to $21.76. In the past year, the shares have traded as low as $12.26 and as high as $24.47. On average, 21641200 shares of MS exchange hands on a given day and today's volume is recorded at 10123256.
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