Sources at Morgan Stanley confirm that the firm has decided on a number of internal moves to fill the void left by Sheldon Trainor after he departed for Merrill Lynch last month. Moving into the role of head of the general industries group GIG is Matt Hanning, who has been head of regional MA for the past six months.
Prior to this he was head of Australian investment banking at the firm for a number of years. His appointment in some way reflects the importance of the Asia Australia investment nexus that has built up over the past five years.
Indeed one of the most important...