Morgan Stanley Appoints LatAm Head

Morgan Stanley has given oversight for LatAm to Paul Taubman, co-president of the bank’s institutional securities group. In a memo, Morgan Stanley CEO James Gorman calls LatAm “one of our fastest growing regions.” Taubman will be based in New York and also have responsibility for Japan. His promotion comes as part of a push by Morgan Stanley to expand the international franchise. “We need to focus on our opportunity for significant global growth in the years ahead,” says Gorman.