Morgan Stanley Dean Witter (MSDW) will today announce a raft of changes to the management team responsible for its institutional securities and investment banking group.

Vikram Pandit and Stephan Newhouse will assume joint responsibility for the firm's institutional securities business, reporting to John Mack, MSDW's president and chief operating officer.

Morgan Stanley appoints co-heads of securities division

Alexander Crossman

Morgan Stanley

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