People: Fleming Heads Morgan Stanley Investment Management

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Gregory Fleming to lead Morgan Stanley's investment management unit [NY Times]

Jefferies Names Craig McCracken as US Head of Equity-Linked Origination [Jefferies]

ING promotes execs to bolster multicultural outreach [InvestmentNews]

Kelly said to be in talks with Bank of America [MarketWatch]

KKR Names Lipschultz to Management Committee, Adds Partners [Bloomberg]