Morgan Stanley's Kayello to exit as MENA head
Mon, Jan 30, 2023 7:09 PM

Morgan Stanley's Kayello to exit as MENA head

A Flip by Shubhra
Get it on Google Play
Morgan Stanley announced that the Middle East and North Africa (MENA) head Sammy Kayello is stepping down from his role. However, he will continue to function as a senior adviser for Morgan Stanley. The company's chief executive for Saudi Arabia Abdulaziz Alajaji and the bank's head of investment banking for MENA Patrick Delivanis will succeed Kayello.

More great flips

International Finance Corp to buy a stake in JK Tyre!

International Finance Corp to buy a stake in JK Tyre!

IFC will invest $30 million (approximately Rs. 240 crore) to acquire a 5.6% stake in JK Tyre & Industries Ltd. The investment will be used to finance the growth of manufacturing capacities and the integration of advanced, resource-efficient technologies in the production of commercial and passenger car radial tyres, which offer improved safety and durability, according to a regulatory filing.

Open Flip
Bitcoin moves above US$28,000

Bitcoin moves above US$28,000

Bitcoin climbed above $28,000 on Wednesday in Asia, as the top 10 non-stablecoin cryptocurrencies rebounded. XRP saw the biggest gain, rising over 20% on expectations of a positive ruling in an SEC lawsuit. Meanwhile, US equities rallied on Tuesday after Treasury Secretary Janet Yellen reaffirmed support for troubled banks.

Open Flip
This cement stock is recommended by Kotak Securities and 7 other brokers!

This cement stock is recommended by Kotak Securities and 7 other brokers!

Kotak Securities and 7 other brokers are recommending this cement stock. Get immediate access to the stock recommendations from Kotak Securities and 60+ SEBI-endorsed brokers’ upside potentials through FlipItPro. Upgrade to Pro now today and start trading smarter!

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon