MarketWatch.com - Financial Services Industry News http://ift.tt/1N72eFf Its stock lagging and investors grumbling, Google Inc. reached out to Wall Street, hiring Morgan Stanley's Ruth Porat as its new finance chief. Ms. Porat, 57, is a one-time investment banker on technology deals who served the past five years as Morgan Stanley's finance chief. She led the firm to steadier ground following the financial crisis, shrinking the balance sheet, shedding some risky activities and doubling down on a wealth-management division that promises stable profits.
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