Currently the director of the London School of Economics and Political Science, Sir Howard appears to have been nominated on the strength of his work at the City watchdog.
In a statement from its New York headquarters, Morgan Stanley chairman Philip Purcell said: ‘During Sir Howard’s tenure at the FSA, the regulator came to define global best practices in financial services oversight.
‘His “public policy DNA” will add an important new dimension to Morgan Stanley governance.’
The final decision will be taken at the annual stockholders meeting in April.
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The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements