Fred Crozier, the former head of Deutsche Bank Alex Brown in the US, has been given a job at Morgan Stanley. His new position: district mana...

Fred Crozier, the former head of Deutsche Bank Alex Brown in the US, has been given a job at Morgan Stanley. His new position: district manager for Morgan Stanley's global wealth management group for the Baltimore/Washington D.C. district. Mr Crozier will join on 1 August and will report to Rick Skae, Northeast division director, according to a statement from Morgan Stanley. He will be responsible for overseeing Morgan Stanley's 11 branch offices in Maryland and Washington. Mr Crozier's departure from Deutsche was annouced last April after a four year stint at the private client group of the German bank.