Morgan Stanley’s top international executive, Franck Petitgas, is retiring from the Wall Street bank after a 30-year career in capital markets and investment banking.
Petitgas — born in France and 61-years old — announced his decision internally on Monday, according to a memo from chief executive James Gorman seen by the Financial Times. However, he will remain a senior adviser to the bank and continue to represent it at events such as the World Economic Forum in Davos.
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