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It’s getting crowded at the top of Morgan Stanley.

The Wall Street firm on Thursday elevated two of its rising stars to bigger jobs while narrowing the responsibilities of one of its most prominent executives, Gregory Fleming.

Thursday promotions offer some insight into the bank's future leadership plans, a primary focus for CEO James Gorman

Justin Baer, The Wall Street Journal

Morgan Stanley

JP Morgan

Goldman Sachs

General Motors

Bank of America

Alibaba Group

Facebook

Pimco hires former BlackRock fund manager Rupert Harrison as senior UK adviser

An audience with Bryan Corbett: ‘It’s important that companies have the ability to go public’

Private equity firms to slow wealth deals after UK boom: ‘It’s been like stacking shelves’

Trading Places: Hires for Citi, UBS and Paul Hastings

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Paul Weiss hires two A&O Shearman partners in London growth push

https://images.fnlondon.com/im-24017599?size=1.5

New York law firm raids Magic Circle rival in London

RBC revamps European sales team with ex-UBS fixed income head

https://images.fnlondon.com/im-72486066?size=1.5

Mark Tinworth joins Canadian bank in newly created role

Stock markets globally were mixed with U.S. futures pretty much flat following Thursday’s bounce after the U.S.-U.K. trade deal.

Global Markets Mixed as Investors Look Toward U.S., China Talks

Global Markets Mixed as Investors Look Toward U.S., China Talks in Switzerland

My success was fueled by hard work and planning—not by my endless fear about outcomes.

I Thought I Needed Anxiety for My Job. I Was Wrong.

Federal prosecutors had sought a sentence of at least 20 years for Alex Mashinsky, who attracted customers—many of them ordinary investors—by urging them to “unbank” themselves and park their savings at Celsius.

Celsius’s Mashinsky, Former Crypto High-Roller, Gets 12-Year Prison Sentence

Stocks fell a lot, perhaps too much, after “Liberation Day.” They have now rebounded a lot, perhaps too much.

Why This Stock-Market Bounce Won’t Hold

Earlier in the day Coinbase announced a $2.9 billion cash-and-stock deal to acquire Deribit, a bitcoin options exchange.

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