Wall Street's most closely watched succession race—for Morgan Stanley's CEO job

Wall Street's most closely watched succession race—for Morgan Stanley's CEO job

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Morgan Stanley selected Ted Pick to become its new chief executive officer, succeeding James Gorman after a 14-year run that reshaped the US bank. Pick, a co-president and three-decade veteran of the firm, will be elevated to the top role in January and join the board, the bank said in a statement…

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