Morgan Stanley has brought back tech banker Grimes after a stint in a commerce role. Grimes previously worked at Morgan Stanley for over a decade, focusing on technology investment banking. His return comes at a time when the firm is looking to strengthen its capabilities in the tech sector, which has seen increasing activity in mergers and acquisitions. Grimes will be stepping into a leadership position within the technology group, where he will likely focus on bolstering client relationships and expanding the firm's market presence. His experience includes advising on significant tech deals, which could prove valuable as Morgan Stanley navigates a competitive landscape. The firm has been actively hiring talent to enhance its offerings in tech banking, and Grimes’ reappointment reflects a strategic push to capitalize on growth opportunities in this vital sector.