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flag Morgan Stanley promotes 173 to Managing Director, a 12% jump, boosting diversity and M&A leadership.

flag Morgan Stanley has promoted 173 employees to Managing Director, marking a 12% increase from last year. flag This promotion boost is attributed to a rise in mergers and capital raising activities. flag The new class includes 34% women and 22% ethnically diverse individuals in the U.S., enhancing the firm's leadership under CEO Ted Pick. flag This move supports the company’s second-place ranking in global M&A business.

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