(Bloomberg) -- Morgan Stanley hired Goldman Sachs Group Inc. equity capital markets banker Russell Schmidt, according to people with knowledge of the matter.
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Schmidt, a managing director based in New York, will report to Eddie Molloy and Andrew Wetenhall, Morgan Stanley’s co-heads of ECM Americas, said one of the people, who requested anonymity to discuss the appointment.
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Representatives for Morgan Stanley and Goldman declined to comment.
Schmidt, who focuses on transactions in the industrials sector, joined Goldman in 2017 after a decade at Deutsche Bank AG, Finra records show. He has worked on the sale of shares for companies including Watsco Inc., according to securities filings.
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