Morgan Stanley's job cuts included a recently promoted MD in ECM

15 hours ago

" If you were promoted to managing director (MD) at an investment bank in the past two years, you might suppose that you'll be immune to this year's job cuts. Not necessarily.

Last week's cuts at Morgan Stanley included Duncan Williamson, a London-based equity capital markets MD at the US bank.

Williamson, who joined Morgan Stanley from Investec in 2015, was promoted to managing director in January 2022. He described his role as, "advising corporates and sponsors on M&A, strategy and ECM activity.""

SOURCE:

https://www.efinancialcareers.com/news/2023/05/duncan-williamson-morgan-stanley

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