Michael Grimes to Rejoin Morgan Stanley After Government Role

Michael Grimes, a former leader in technology investment banking at Morgan Stanley, is returning to the firm. Bloomberg posted on X that Grimes had been working with the U.S. Commerce Department before deciding to rejoin the Wall Street bank. His return marks a significant move in the banking sector, as Grimes is known for his expertise and leadership in technology investments. His experience at the Commerce Department is expected to bring valuable insights back to Morgan Stanley.