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Morgan Stanley combines international, private wealth businesses

Morgan Stanley is consolidating its international wealth management and private wealth management businesses as the firm focuses on serving wealthier international clients, Citywire reported.

Ileana Musa and Greg Gatesman will be co-heads of the combined international wealth management business, according to the report.

The reorganization came after international wealth management head Colbert Narcisse left the firm to join TIAA as wealth management head.