Morgan Stanley Promotes Miles to Global M&A Head in Unit Revamp

Morgan Stanley has elevated a cadre of senior bankers in the first big revamp in its mergers and acquisitions business since Chief Executive Officer Ted Pick took the helm this year.

The overhaul is intended to foster stronger integration between the capital markets and investment banking team. The promotions didn’t include any senior women at the US advisory giant, whose top ranks remain dominated by men.

Tom Miles

Photographer: Christopher Goodney/Bloomberg

Tom Miles, head of Americas M&A, was tapped to lead the global M&A practice alongside John Collins, according to people with knowledge of the matter, who asked not to be identified ...