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...“The James Gorman we’re seeing now is not the James Gorman from year one,” said one person who has known him for years. “James is an introvert who’s become very polished.”...
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...Joining me in our New York studio is James Fontanella-Khan, the FT’s deals editor. Welcome, James. James Fontanella-KhanThanks for having me, Rob. Robert ArmstrongSo you’re gonna have to fill me in....
...Morgan Stanley said net income in the first quarter was $3.4bn, up from $3bn a year earlier, beating analysts’ estimates for $2.7bn, according to forecasts compiled by Bloomberg....
...Morgan Stanley paid James Gorman $37mn in 2023 for his final 12 months as chief executive of the Wall Street bank, a 17.5 per cent increase from the prior year despite the bank’s lower profits....
...Morgan Stanley has set a long-term goal of amassing more than $10tn in client assets. Morgan Stanley’s stock closed up 2.5 per cent on Tuesday....
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...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...
...Round on the Links The link was baseball terms Mound Stand Ace of Base (“All That She Wants”) Homer Park Henry Fielding River Plate Mitt Romney A monarch’s Diamond Jubilee The Catcher in the Rye...
‘They’re looking for a new Bond baddie’
...US President Joe Biden and his top officials are trying to keep negotiations alive between Israel and Hamas over a deal to release hostages and pause the conflict, despite the Israeli offensive in the southern...
...That was right in my backyard. James, what do you think? James Politi A lot of tears were shed on the DC pandas. It was a bad day....
...In the shorter term, if we’re talking about a mixed opinion, which just results in a delay, I think that that will certainly undermine the credibility of the Supreme Court because they will have seemed to...
...“We’re all generative AIs — we’re all vast data sets of every experience we’ve ever had. Generative AI can give you a bitmap and give you an image, but can’t give you an emotion.”...
...in a letter to Uefa president Aleksander Čeferin, seen by the FT....
...Morgan Stanley is planning to cut hundreds of jobs at its wealth management business in the first major action under new chief executive Ted Pick, said a person familiar with the matter....
...We’re better than this. We need to get beyond it,” Johnson said in a statement after the vote....
...I’m Sonja Hutson, and this week we’re asking, “What would a second Trump White House look like?” Here with me to discuss is James Politi. He’s the FT’s DC bureau chief. Hi, James....
...Sinema’s decision came as she faced a difficult path to winning another term in the Senate as an independent in the November election, with challenges expected from both Kari Lake, a Republican and close...
...Blackstone has been without a vice chair since the 2021 retirement of longtime executive Hamilton “Tony” James....
...“We should have the discipline to stay focused on what we’ve achieved in government and what we’re planning to do next,” he said....
...Morgan Stanley paid James Gorman $37mn in 2023 for his final 12 months as chief executive of the Wall Street firm, a 17.5 per cent increase despite the bank reporting lower profits last year....
...We’re gonna take a quick break. And when we come back, we’ll do Exit Poll....
...Morgan Stanley profits fell by almost one-third in the final quarter of last year, a bigger than expected drop brought on in part by rising costs in its wealth management unit....
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