Morgan Stanley’s Ex-Diversity Chief Sues the Bank Over Alleged Racial Bias

Morgan Stanley’s former head of diversity sued the bank, saying it hadn’t done enough to promote people of color and that it fired her in December for pushing for it to move faster. Marilyn Booker spent more than 25 years at the Wall Street brokerage, where she was one of few black women at the managing-director rank, the firm’s highest. She said in a court filing that her budget for diversity efforts was repeatedly cut, that she was “trotted out” as a token minority at public events, and that she was belittled by white…

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