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...Gorman rated his time as chief executive at an A-, saying a higher grade would be immodest and it would be “false modesty” to pick a lower grade. “We did well, objectively....
...“Over his 14-year tenure as CEO and during 2023, Mr Gorman reshaped the firm into a stronger and more balanced institution positioned for long-term growth,” Morgan Stanley said in a regulatory filing on...
...(The lounge also overlooks the small coastal road that runs into the town of Port Ellen – the occasional passing lorry serving as a pertinent reminder that this is a working distillery and not just a museum...
...We are still only a few weeks into 2024. But European banks may be tempted to think Gorman’s December prophecy is already coming true....
...John Gorman Washington, DC, US...
...Gorman, who is stepping down as Morgan Stanley CEO at the end of the year, will be on a special succession planning committee, Disney said on Wednesday....
...Gorman, who is stepping down from Morgan Stanley at the end of the year, will be on a special succession planning committee, Disney said on Wednesday....
...The play forms the basis of Ellen Reid’s new opera The Shell Trial, given its world premiere at this year’s Opera Forward Festival in Amsterdam....
...Gorman, a former management consultant, has won kudos from investors and analysts for the way he organised his departure from the bank....
...The bank has about $6tn in assets under management with a target of eventually reaching $10tn. Gorman has talked up Morgan Stanley’s chances of reaching $20tn....
...Gorman has also stage-managed what appears to be a happy ending....
...Growth in wealth management was a centrepiece of James Gorman’s tenure as chief executive, with the business growing to more than $5tn in assets, aided by the acquisitions of online trading platform ETrade...
...“As a result of strong net new asset growth, the firm has reached $7tn of client assets across wealth and investment management,” said chief executive Ted Pick, who took over from James Gorman at the start...
...The quarter was the first under Pick, whose background in investment banking and trading contrasts with predecessor James Gorman’s years in wealth management....
...James Gorman has a simple message for his successor: do not mess it up. Morgan Stanley will imminently name a new chief executive to replace Gorman, in charge since 2010....
...“James came by a little after 16:30 and asked me if I wanted to join him for a walk and I happily agreed,” Pick told the FT in a joint interview with Gorman....
...Ellen Milner, director of public policy at the Chartered Institute of Taxation, which has 19,000 members, said HMRC’s digital services “aren’t yet good enough” and need to be improved to enable the tax office...
...Pick has talked about his appointment as being a continuation of Gorman’s strategy, and Gorman is sticking around as executive chair of Morgan Stanley’s board of directors for Pick’s first year in the job...
...Oxford’s top board and captain, Tom O’Gorman, equalled the individual match record by winning for the fourth year in a row. O’Gorman uniquely won all his four games on top board with the white pieces....
...“While there is a change in leadership there is not a change in strategy,” said Pick. “James [Gorman] and I are much more similar than not.”...
...A future pandemic may well require the urgent manufacture of a complex pharmaceutical product on a very large scale, one beyond the capability of the intellectual property owner alone....
...The lay-offs, which were reported earlier by the Wall Street Journal, come just weeks into Pick’s tenure as CEO after he took over in January from longtime boss James Gorman....
...such as, say, Apple, with a double A credit rating, a $3tn market cap and $166bn in cash....
...Frasers has asked a New York court to order Morgan Stanley chief executive James Gorman to hand over evidence for the British retailer’s High Court lawsuit against the bank over an almost $1bn margin call...
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