Morgan Stanley Names Machen Co-Head of North America Bank Group
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Morgan Stanley named Travis Machen as co-head of its North American bank group, which advises depository institutions on mergers and acquisitions and helps them issue stocks and bonds.
Machen will head the group alongside Grant Gregory, who was put in charge of the unit last year, according to a memo obtained by Bloomberg News. Mary Claire Delaney, a Morgan Stanley spokeswoman, confirmed the contents of the memo.