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James Gorman
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Morgan Stanley says good bye to John Mack
John Mack exits Morgan Stanley at a critical juncture.
A return to glory is not guaranteed for the broker dealer, but he had the foresight to put a succession plan in place and then stick to it. He will go down not as one of the all-time greats on Wall Street, but as one of the few executives
Bonus blues at Morgan Stanley
FOX Business's Charlie Gasparino reports that Morgan Stanley is attempting to manage bonus expectations among its MDs.
"Everything is not very good inside. It's the end of the year, its bonus time. James Gorman is telling people to lower their expectations about 2011 bonuses. He is indicat
Wall Street firms cut small costs too
Expectations are low for third quarter bank earnings.
Analysts have been busy slashing their estimates in light the recent market carnage, and we're at the point now where we just might see some upside surprises. But no matter what, it's a given that we'll see banks trumpeting newly aggressive
Morgan Stanley CEO reassures analysts
During the 2008 financial crisis, Morgan Stanley skirted close to the edge , as hedge funds deserted its prime brokerage operations en masse over a period of two weeks.
As the European debt crisis rolls on, the bank is not nearly in the same position. But that doesn't mean the executives ar
Massive internal rift hampers Morgan Stanley
All is not well in the Morgan Stanley empire. And once again, the source of friction is that time-honored divide pitting bankers against traders.
Bloomberg offers an arresting inside peek at the power struggle between Colm Kelleher, 54, "a gregarious former fixed-income salesman," and Pau
Morgan Stanley's CEO invests more in bank's stock
As the financial crisis heated up and bank stocks were in near free fall, we applauded the few insiders who stepped up the plate and put their money where their mouth was by spending their own cash to buy more shares.
Frankly, this speaks volumes. If you buy in substantial volumes, you can sen
Morgan Stanley fixed-income efforts flagging?
Morgan Stanley CEO James Gorman in February set a goal of boosting the bank's market share in fixed-income trading by two percentage points to roughly 8 percent. That compares with JP Morgan's 15 percent share. Citigroup, Barclays and Goldman Sachs each had more than 13 percent.
Unfortunately,
Criticism of Morgan Stanley CEO kicks up
Fox Business columnist Charlie Gasparino says this about Morgan Stanley's CEO James Gorman: "Without the more typical banker-trader-broker experience, some analysts worry whether Gorman thinks too much like a micro-managing technocrat, and not enough like a salesman, thus lacking the personal
Morgan Stanley CEO to bring down pay
You have to applaud James Gorman for this endeavor. The CEO of Morgan Stanley ( NYSE: MS ) is taking a stand against overly rich manager pay, a move that will likely please shareholders who have rapped the firm for its pay practices and regulators.
The firm took a big hit earlier this year f
James Gorman stamps his brand on Morgan Stanley
One issue about the ascension of James Gorman to CEO of Morgan Stanley ( NYSE: MS ) was whether he would truly be the man in charge or a man simply answering to the former CEO but current chairman, John Mack, a big personality to be sure. Turns out Gorman has had no trouble stamping his brand on
