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Another Senior Departure From Morgan Stanley's Wealth Arm

Harriet Davies

2 March 2010

Nandu Patel, a managing director at Morgan Stanley, is leaving the Wall Street bank, WealthBriefing has learnt. 

Mr Patel is believed to be a 20-year veteran of the firm and a managing director at its wealth management arm. It is as yet unclear where he may be going. 

Morgan Stanley declined to comment on the matter.

His departure closely follows that of Helen Watson, a managing director at Morgan Stanley Private Wealth Management, whose move to Rothschild Private Banking and Trust was exclusively revealed by this publication at the end of last month.