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Morgan Stanley’s top London banker Franck Petitgas steps down

Petitgas will stay on as an adviser after a three-decade career with the bank

By Paul Clarke
‘Franck has proven himself to be an enormously successful banker, leader and manager,’ boss James Gorman says
‘Franck has proven himself to be an enormously successful banker, leader and manager,’ boss James Gorman says Photo: Cyril Marcilhacy/Getty Images

Morgan Stanley's top investment banker in London is stepping down from the US firm after nearly 30 years.

Franck Petitgas, head of Morgan Stanley International and former head of investment banking globally, is retiring from the bank, according to a memo seen by Financial News.

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