Morgan Stanley Names 184 to Managing Director in Smaller Class

Morgan Stanley elevated 184 employees to managing director, a smaller number of promotions to the firm’s top rank from last year.

A record 38% are women, pushing the share of female MDs at the New York-based firm up to 24%, according to a person with knowledge of the matter. Of the US-based employees who were promoted, 5% are Black, 2% Hispanic and 21% Asian, the person said.