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People News: Moves at Morgan Stanley, HSBC, BlackStone

HSBC Hong Kong CEO Mark McCombe quits after 24 years to run BlackRock Asia. [Wall Street Journal]

HSBC promotes Anita Fung as Hong Kong CEO to replace McCombe. [Financial Times]

Janney Montgomery Scott expands private client group, taps Michael Drumm from Morgan Stanley. [On Wall Street]

Fidelity promotes Jeffrey Feingold to take over faltering $17.4 billion Magellan fund from Harry Lange. [Bloomberg]

Morgan Stanley hires former Fed official Vincent Reinhart as chief US economist. [DealBook]

Blackstone's Ben Jenkins, top Asia dealmaker, quits and returns to New York. [Reuters]

Buffett nabs hedge fund manager Ted Wechsler from Peninsula Capital Advisors. [Bloomberg]

UBS Wealth Management hires two advisors in Arizona from Wells Fargo. [On Wall Street]

BMO Capital Markets hires two from Cantor, RBS to help run foreign exchange in New York. [Dow Jones News Wires]

Morgan Stanley Smith Barney nabs 3 financial advisors from RBC, UBS. [On Wall Street]

Tudor's Nigel Whittaker, John MacFarlane leave to launch emerging markets firm in London. [Bloomberg]

Morgan Stanley expands in California, hires eight advisors from Wells Fargo, Merrill Lynch. [On Wall Street]

Lazard hires Tim George from Greenhill to expand consumer and food advisory group. [DealBook]

First Republic nabs Matt Krusko from Bernstein to run investment management, trust and brokerage in New York. [On Wall Street]

Morgan Stanley appoints Shepard, Herrnstein and Abergel to run media and telecom business. [Dealbook]

Genworth Financial names Myra Rothfeld from Citibank as chief marketing officer. [On Wall Street]

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AUTHORDalia Fahmy Insider Comment

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