[ by Larry Goldfarb ]

Susan Carroll, Morgan Stanley's Chief Operating Officer has died, at the age of 50.  Ms. Carroll, who helped lead Morgan Stanley (MS) Bank for 8 years, died 2/18/13, according to a memo penned by Colm Kelleher, head of the firm’s investment bank division, and Eric Heaton, president of Morgan Stanley Bank.  Carroll died at New York Presbyterian Hospital of an autoimmune liver disease, according to Sandra Noonan, a spokeswoman for the bank.

“She brought exceptional judgment and a strong sense of humor to her work, and she was sought after by colleagues for her counsel and sage advice,” Kelleher and Heaton said in the memo sent on Feb. 20. “She will be greatly missed.”

In addition to her father, Carroll, who lived in Brooklyn, New York, is survived by two sisters, Virginia Mann and Patricia Carroll, according to a death notice in the New York Times. A brother, Richard Carroll, predeceased her.     [Bloomberg, 2/21/13]