Morgan Stanley's North America head of consumer and retail equity capital markets (ECM) Tilli Dias Passi will leave the bank, according to people familiar with the matter. Passi is taking an indefinite break and is not immediately joining a rival bank, the sources said, requesting anonymity as the matter is confidential. New York-based Passi has been with Morgan Stanley for 18 years, according to her LinkedIn profile.
The Prime Minister announced a series of major changes to the welfare system in a speech on Friday.
Ahmed Alid admits stabbing Terence Carney, 70, and a housemate but he denies intending to cause either serious harm.