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Morgan Stanley Names 199 New Managing Directors, Most Since 2012

  • About a 10th of employees in group in the U.S. are Black
  • Women now account for 23% of all managing directors, a record
Morgan Stanley global headquarters in New York.

Morgan Stanley global headquarters in New York.

Photographer: Michael Nagle/Bloomberg

Morgan Stanley picked 199 employees as new managing directors in its biggest batch of promotions to the role in a decade. 

A third of the new managing directors are women, according to a person with knowledge of the situation who asked not to be named. That means 23% of the bank’s managing directors are now female, a record for the New York-based company.