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- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
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Morgan Stanley’s Gain is Davis Polk’s Loss
Davis Polk partner Raul Yanes is joining Morgan Stanley, where he will replace Billy Fenrich as Chief Compliance Officer. The transition is scheduled for June. Mr. Fenrich, who has served as CCO for the past 13 months, will be joining AQR Capital in Greenwich, CT.
According to his bio on the law firm’s site, Raul Yanes currently is in Davis Polk’s Litigation Department, heads two of the firm’s practice areas - White Collar Criminal Defense, Government Investigations - and is the head of the firm’s Washington, D.C. office. He’s been a partner with Davis Polk since 1999 - except from 2003 to 2009, when he served in a variety of senior positions in the Bush Administration.
With this latest hiring, Morgan Stanley once again relies on Davis Polk to fill key compliance and legal positions. Billy Fenrich was a Davis Polk partner from 2005 to 2010. Gary Lynch and Eric Grossman, two former chief legal officers, are also Davis Polk alumni.