Morgan Stanley just gave its senior leadership bigger roles (MS)

Morgan Stanley Morgan Stanley is giving its senior executives broader responsibilities when COO James Rosenthal steps down at the end of the year. President Colm Kelleher will take over as chairman and CEO of Morgan Stanley Bank N.A., a national bank subsidiary of Morgan Stanley, according to an internal memo signed by CEO James Gorman. Kelleher took over as sole president of the firm in January when his copresident, Greg Fleming, left. CFO Jon Pruzan will oversee strategy execution going forwar...