The 56-metre sailing boat, called “The Bayesian,” was hit by a violent storm around 4 a.m. local time on Monday with 10 crew and 12 passengers on board.
The chairman of Morgan Stanley International, Jonathan Bloomer, is among those missing after a luxury yacht sank in a storm off the coast of Sicily on Monday, according to media reports.
Sicily’s civil protection agency told the BBC that Bloomer and Clifford Chance lawyer Chris Morvillo were among the six people still missing.
CNBC has contacted Morgan Stanley and Italian officials for comment. Clifford Chance declined to comment.
According to his LinkedIn page, Bloomer is also the chair of insurance firm Hiscox.
British tech entrepreneur Mike Lynch and his 18-year-old daughter Hannah were also missing as search and rescue efforts resumed on Tuesday.
