Ken Moelis to depart as CEO of $4.6 billion investment bank
Ken Moelis, who got his start at a Michael Milken-run firm and later clinched mega deals at his own $4.6 billion boutique bank, plans to step down as chief executive of Moelis & Co. this year, the firm said Monday. Moelis, 66, will take on the role of executive chairman on Oct. 1, according to