ITALY, EUROPE — The chairman of Morgan Stanley International, Jonathan Bloomer, British tech entrepreneur Mike Lynch and four others are missing after a luxury yacht sank in a storm off the coast of Sicily. Lynch's 18-year-old daughter Hannah, Bloomer's wife Judy, Clifford Chance lawyer Chris Morvillo and his wife Neda were missing as difficult search and rescue efforts resumed Tuesday.
One person, the ship's cook, was confirmed by the Italian coast guard to have died. Lynch's wife, Angela Bacares, was among the 15 people who were rescued.
Bloomer is the chair of Morgan Stanley International, the London-based branch of the investment banking giant, a nonexecutive role he has held since 2016. He is also the chair of insurance firm Hiscox.
Aki Hussain, group chief executive officer of Hiscox, said Bloomer and his wife Judy were both among those missing.
"We are deeply shocked and saddened by this tragic event," Hussain said in a statement.
A Morgan Stanley spokesperson said, "Our thoughts are with all those affected, in particular the Bloomer family, as we all wait for further news from this terrible situation."... cnbc.com
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