Morgan Stanley hero loses fight for life


Sad to report.

Bloomberg News reports that David Brenneman, a Harvard-trained lawyer who crossed into finance and was an executive director in equity risk management at Morgan Stanley, has died. He was 37.

He died on August 31 at Memorial Sloan-Kettering Cancer Center in Manhattan following a 16-month battle with leiomyosarcoma, or LMS, a rare cancer of the soft tissue, according to his wife, Mina Brenneman. A father of three, he was a resident of Chappaqua, New York, and stopped working only in mid-July when he had his final surgery, his wife said.

At Morgan Stanley, owner of the world’s largest brokerage, Brenneman specialized in prime brokerage and worked at the firm’s Manhattan headquarters.

Brenneman jumped to finance after starting his career in another demanding field, law.

'After the birth of his first son, he couldn’t stand the hours anymore', Mina Brenneman said in an interview. 'He went from 80 hours a week to 60 hours a week. We thought that was a vast improvement'.

In April, about 200 Morgan Stanley colleagues attended the annual fundraising gala of the Sarcoma Foundation of America to see Brenneman receive the group’s Courage Award for 'strength and perseverance' in battling the disease. He raised hundreds of thousands of dollars toward sarcoma research.

Hit the link below to access the complete Bloomberg article:

David Brenneman, Morgan Stanley Equity Risk Manager, Dies at 37

Erdoes Managing Money Since 6 Proves JPMorgan Trillions No Fluke

About 35,000 Global Bank Employees May Face EU’s Bonus Curbs

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News