MORGAN STANLEY STAR PROMOTED – According to a memo that was sent by Morgan Stanley to their staff, the rising star @Ted Pick has landed a huge promotion within the New York Investment Bank. Ted Pick led the firm’s Institutional Equities Business and has now been put in place to oversee the Institutional Securities Group, a business with 9,000 workers spanning Sales & Trading, Investment Banking, Capital Markets and Research. The memo said, “Ted began his Morgan Stanley career in Investment Banking, worked for a decade in Global Capital Markets, eventually leading that business to the number one position globally, and most recently has helped turn around our Fixed Income business. Leading ISG is a natural next step.” #SpartanInternational