Home

Morgan Stanley’s Chief Legal Officer Steps Down
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Gary Lynch will step down from his position as Chief Legal Officer at Morgan Stanley. The move comes as the firm reorganizes its legal department in order to better address regulatory uncertainty facing Wall Street.

A former Securities and Exchange Commission (SEC) enforcement officer, Lynch joined Morgan Stanley in 2005, performing his job based out of London since May.

According to a memo reviewed by Dow Jones Newswires, he will retain the position of vice chairman and focus on relations with European regulators.

  
What
Where


The largest banks on Wall Street continue to face anger over the country’s financial crisis and government bailouts. That anger has fueled efforts on Capital Hill to overhaul the banking system. Legislators have proposed various financial industry options, including a tax on large banks, limits to how large they can grow, and a push to excise proprietary trading and private equity from banks.

The financial industry is facing the same type of scrutiny in Europe, as well as an investigation in Washington by the Financial Crisis Inquiry Commission over what led to the industry’s meltdown in 2008. During the financial crisis, Morgan Stanley converted into a bank holding company, and attempted to broaden its revenue stream via a joint venture with Citigroup Inc’s Smith Barney brokerage unit.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

SEARCH IN ARCHIVE

To Top