Morgan Stanley names Kelleher president; Fleming departs

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UBS Remains Bullsih on Morgan Stanley (MS) Despite Management Changes

January 7, 2016 8:54 AM EST

UBS reiterated a Buy rating and $42.00 price target on Morgan Stanley (NYSE: MS) following the company's announced departure of Greg Fleming, President of Wealth Management. MS also announced the appointment of Colm Kelleher as President, now overseeing both the Institutional Securities and Wealth Management... More