Investment bank Morgan Stanley (MS) on Thursday announced several
management changes. The company named Gary Fleming, currently head
of the asset management unit, as president of the Global Wealth
Management. He replaces Charlie Johnston, president of the Morgan
Stanley Smith Barney joint venture, who will retire at the end of
2011. Kenneth deRegt, currently the company's chief risk officer,
will replace Jack DiMaio to head the fixed-income trading business.
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