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Morgan Stanley Names Wealth Head

Morgan Stanley Investment Management has appointed Gregory Fleming as president of the retail brokerage.

    Morgan Stanley Investment Management(MSIM) has appointedGregory Flemingas president of the retail brokerage,金融时报》reports. Fleming has succeededCharles Johnston, president of global wealth management at MSIM.

    Johnston has been appointed as vice chairman ofMorgan Stanley Smith Barneyuntil he retires at the end of 2011.Jack DiMaio, head of interest rate, credit and currency trading, will leave the firm.Ken deRegt, the firm’s chief risk officer, will become global head of fixed-income sales and trading, excluding commodities.

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