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Ecology Action Centre calls for immediate implementation of Coastal Protection Act | SaltWireNEW YORK - Morgan Stanley chose Ted Pick to succeed its longtime leader James Gorman as CEO, effective Jan. 1.
1) Pick has been co-president of Morgan Stanley for the past two years. As head of the institutional securities group, he oversaw investment banking, equities, fixed income, capital markets and research. He was also co-head of the firm's strategy. 3) Pick also ran equity capital markets. During the financial crisis of 2008, he helped the bank raise capital as it faced potential collapse.
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