Market Chatter: Morgan Stanley Rehires Michael Grimes After Commerce Department Role

MT Newswires Live

02/11

Morgan Stanley (MS) rehired Michael Grimes following his work at the US Commerce Department, Bloomberg reported Tuesday, citing an internal memo.

Grimes will serve as chairman of investment banking, based in Menlo Park, California, the report said. He previously helped lead technology investment banking.

He had been selected by the Trump administration to help lead a planned sovereign wealth fund aimed at giving the US a stake in projects deemed critical to national security, the report said.

Morgan Stanley did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 175.62, Change: -6.73, Percent Change: -3.69

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He previously helped lead technology investment banking.</p><p>He had been selected by the Trump administration to help lead a planned sovereign wealth fund aimed at giving the US a stake in projects deemed critical to national security, the report said.</p><p>Morgan Stanley did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 175.62, Change: -6.73, Percent Change: -3.69</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0234570918.USD","symbol_name":"高盛全球核心股票组合Acc Close","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2610611673","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610611673","pubTimestamp":1770751815,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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