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Meeting comes after Wall Street titan praised Donald Trump in Davos interview
...As Trump has pleaded for an extension, Letitia James, the New York attorney-general who brought the fraud suit, has hinted at seizing his assets, specifically mentioning 40 Wall Street, a tower that Trump...
...Additional reporting by James Fontanella-Khan...
...“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.”...
Fund would get exclusive access to market-moving stories before they are published
...Finally, James could grant Trump an extension....
...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....
Trump’s former Treasury secretary has seized a chance to replicate his lucrative IndyMac deal
...In November, Disney named two new directors — former Morgan Stanley chair and chief executive James Gorman and Sir Jeremy Darroch, the former group chief executive of British pay-TV and broadband company...
Pay, appointments and exits revive tensions over chief who seemed to have strengthened his position
Takeover set to unite two of the US’s largest credit card companies and reshape industry
...The clock is running down on a 30-day grace period that Letitia James, the attorney-general, offered Trump after a New York judge last month ordered him to pay $464mn, including interest, for fraudulently...
...As James documented in her fraud lawsuit, the Trump Organization’s valuations for 40 Wall Street would escalate wildly in the ensuing years....
...“With management effectively calling the bottom, perhaps now is the moment to invest,” Peel Hunt analyst James Carswell said....
Bank’s Discover Financial takeover proposal faces an ‘aggressive sheriff’ in US antitrust regulators
...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....
...The former president railed against James, a Democrat, and portrayed the case as a politically motivated witch hunt....
...James Gorman, who stepped down as chief executive of Morgan Stanley at the start of 2024, was paid $37mn, up 17.5 per cent year on year. Goldman lifted David Solomon’s pay by 24 per cent to $31mn....
...JPMorgan’s Jamie Dimon, whose bank reported record profits for 2023, had his pay rise about 4 per cent to $36mn, while Morgan Stanley’s James Gorman, who stepped down as CEO at the start of 2024, was paid...
...Judge Arthur Engoron made his determination following a civil fraud trial in which lawyers for New York attorney-general Letitia James detailed numerous instances in which the Trumps vastly overstated the...
...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....
...The results were the last under longtime chief executive James Gorman, who handed over to former investment banking boss Ted Pick at the start of January....
...If Trump cannot pay, Letitia James, the New York attorney-general who filed the fraud suit, has already warned that she would seek to seize his properties, telling ABC News in a recent interview: “I look...
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