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FEB 26, 2013 - Yahoo! News

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Clinton aide returns to Morgan Stanley

WASHINGTON (Reuters) - U.S. investment bank Morgan Stanley has rehired Tom Nides to a senior position after he served as deputy to U.S. Secretary of State Hillary Clinton for two years. Nides, who previously worked for Morgan Stanley from 2005 to 2010, will work with clients and management as vice chairman and report directly to Chief Executive Officer James Gorman, the bank said in a press release. Nides rejoins Morgan Stanley at a time when it is trying to boost returns and Wall Street must implement a raft of new rules to avoid a repeat of the devastating financial crisis. ...

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