SAO PAULO, April 23 Morgan Stanley on Tuesday
announced changes at the top of its investment banking unit in
Brazil, according to an internal memo obtained by Reuters.
Eduardo Miras and Alessandro Zema, already senior Morgan
Stanley executives in Brazil, will jointly succeed Marcelo
Naigeborin at the helm of the investment banking operations
there, the memo said.
Naigeborin, the memo said, will now head Morgan Stanley's
investment banking business for all of South America. Naigeborin
joined Morgan Stanley in 2009.
Morgan Stanley declined to comment.