Morgan Stanley execs keep swapping jobs — and it says something important...
Morgan Stanley is rotating its star players.On Wednesday, the firm's president of institutional securities, Colm Kelleher, was handed control of wealth management as well. Greg Fleming, who had been...
View ArticleMorgan Stanley's CEO just uttered the 3 words every employee dreads
Morgan Stanley just announced fourth-quarter earnings, and it is providing detail to investors on a cost-saving plan called Project Streamline.During a conference call, CEO James Gorman uttered a...
View ArticleMorgan Stanley CEO James Gorman took a big pay cut for 2015
Morgan Stanley CEO James Gorman took a big pay cut in 2015.Gorman will receive $21 million in total compensation — down $1.5 million or 6.7% from 2014, according to a Morgan Stanley spokesperson.The...
View ArticleMorgan Stanley beats, but profit dropped more than 50% (MS)
Morgan Stanley just reported first-quarter earnings that beat analyst expectations, despite a huge decline in profit.The firm reported diluted earnings per share of $0.55 on revenue of $7.88...
View ArticleMORGAN STANLEY CEO ON BREXIT: We'll have to open a new European headquarters
Morgan Stanley CEO James Gorman on Wednesday suggested that his firm would have to launch a new headquarters in Europe.Speaking with CNBC's David Faber about the UK's decision to leave the European...
View ArticleMORGAN STANLEY CEO: 'There's nothing good about Brexit'
Morgan Stanley CEO James Gorman has a blunt assessment on Brexit.Speaking at the Bloomberg The Year Ahead conference, he said that for the financial sector, there's "nothing good" about the UK's...
View ArticleMorgan Stanley's CEO had some harsh words about the US election process
Morgan Stanley CEO James Gorman does not sound pleased with the US presidential election process.At Bloomberg's The Year Ahead conference in New York on Tuesday, Gorman said it would be more productive...
View ArticleMike Bloomberg defends Wall Street banks, says Trump supporters are not...
Billionaire Michael Bloomberg spoke candidly about Wall Street and the US presidential election at his company's 2017 Year Ahead conference on Tuesday.In a conversation with Bloomberg News...
View ArticleMorgan Stanley CEO James Gorman says quarterly reporting is 'asinine'
Morgan Stanley CEO James Gorman questioned the need for companies to report earnings every quarter, calling the practice "asinine.""This is one thing the Brits definitely have figured out with six...
View ArticleMorgan Stanley's top execs made a killing after the election
Senior Morgan Stanley executives collectively earned about $10.5 million over the past week by exercising options and selling shares, with most of them profiting from an election-fueled rally in bank...
View ArticleMorgan Stanley CEO's pay increases to $22.5 million
(Reuters) - Morgan Stanley Chief Executive Officer James Gorman's overall pay rose 7 percent in 2016 to $22.5 million, according to a securities filing.While rising 7 percent against the previous year,...
View ArticleWall Street CEOs got big raises — here's much Jamie Dimon, Lloyd Blankfein,...
Wall Street banks are coming off a strong year in 2017, and their company boards are rewarding the chief executives with fat pay raises.Despite a lousy year in trading beset by record-low volatility,...
View ArticleMorgan Stanley's CEO is the LeBron James of finance, according to one of the...
A shareholder and long-term employee of Morgan Stanley praised the bank's CEO James Gorman at its annual meeting last week, comparing him to Cleveland Cavaliers' superstar LeBron James.Shares of Morgan...
View ArticleThe best CEOs on Wall Street — as ranked by their employees
Morgan Stanley's James Gorman has the highest approval rating of any major bank CEO.That's according to the UBS Evidence Lab, which partnered with jobs-ranking site Glassdoor to look at industry...
View ArticleA Republican congressman just asked the CEOs of 7 of America's largest banks...
The CEOs of seven of America's largest banks testified before the House Financial Services committee on Wednesday.During the hearing, GOP Rep. Roger Williams asked all seven bank CEOs the same...
View ArticleMorgan Stanley CEO reveals in video to employees that he had the coronavirus...
Morgan Stanley CEO James Gorman tested positive for the coronavirus, he told employees in a video on Thursday. Gorman got a test after experiencing symptoms in mid-March, and has since been...
View ArticleMorgan Stanley's first-quarter earnings plunged 30%, missing Wall Street's...
Morgan Stanley posted first-quarter earnings on Thursday that fell short of Wall Street's expectations.The bank's net revenues slid 8% to about $9.5 billion, contributing to a 30% drop in net income to...
View ArticleMorgan Stanley's CEO says a global recession due to the coronavirus could...
Morgan Stanley CEO James Gorman told CNBC on Thursday that he thinks that "through the end of next year we're going to be working through this global recession."His comments came after Morgan Stanley...
View ArticleMorgan Stanley CEO James Gorman, who had coronavirus, explains how he's...
CEOs of America's largest banks this week hailed effective workforce transitions and said that, while there was significant economic fallout from Covid-19, remote work hadn't impeded their ability to...
View Article'The worst is clearly behind us,' Morgan Stanley chief James Gorman says of...
Morgan Stanley chief executive James Gorman said at the bank's annual conference on Tuesday that the "worst is clearly behind us" for the US labour market and economy.Gorman signalled that recent...
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