On October 9, 2009
Rumor: Top Morgan Stanley Banker & Gorman Rival To Leave Firm
Walid Chammah, co-president of Morgan Stanley along with incumbent chief executive James Gorman, is telling friends he intends to leave the bank, according to a Business Insider report: Walid Chammah is telling people he is leaving Morgan Stanley, according to a person familiar with the matter. Chammah, who is co-president with James Gorman at the firm, has spoken to associates about his plans to leave. He is one of the highest ranking executives at the investment bank. A spokesman for Morgan Stanley says that Chammah is definitely not leaving the bank. Chammah, 53, has been with Morgan Stanley since 1993, when he left Chredit Suisse First Boston to become Morgan Stanley’s head of U.S. Debt Capital Markets. In 1996, he…
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