Rich pickings ?
Fleming, the head of Morgan Stanley's wealth and asset management businesses, is on the bank board's list of candidates who could potentially succeed CEO James Gorman, according to sources with direct knowledge of the situation.
But colleagues and recruiters say he is also a flight risk for Morgan Stanley.
He is an external candidate for top jobs at companies including BlackRock Inc and American Express Co as part of their boards' regular succession planning.
Fleming also has a friendly rapport with Lloyd Blankfein, chief executive of archrival Goldman Sachs, although that bank has never gone outside its own ranks to pick a chief executive officeer. Some people close to Fleming say the he could even run a company outside of financial services.
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