Hints and tips:
...Additional reporting by Stephen Foley in New York, Simon Foy in London and Chan Ho-him in Hong Kong This article has been amended to correct the spelling of Perkins Coie...
...This year Gorman said he had no plans to step down soon....
...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....
...Pay for Morgan Stanley’s top executive James Gorman, rose nearly 18 per cent to $37mn, while JPMorgan Chase upped its chief executive Jamie Dimon’s pay by 4 per cent to $36mn....
...Additional reporting by Claire Jones, Stephen Gandel and Stefania Palma...
...Outgoing Morgan Stanley chief executive James Gorman last week also told the Financial Times that he expected the European discount to start to narrow....
...predecessors eulogised Daniel’s “servant-leadership” from 1976 to 1988 in front of an audience that included the former New York mayor Michael Bloomberg and McKinsey alumni such as ex-Morgan Stanley boss James Gorman...
...Gorman will then become executive chair....
...Morgan Stanley reported an 18 per cent drop in full-year net income to $9.1bn in its final results under longtime chief executive James Gorman, who has been succeeded by former investment banking boss Ted...
...Gorman only holds 1mn of stock in Morgan Stanley, and Solomon has 140,000 shares in Goldman Sachs....
...The resolution removes one of the main issues facing new chief executive Ted Pick, who took over from James Gorman at the start of the month....
...Morgan Stanley earlier this year had at least three internal contenders to succeed outgoing chief executive James Gorman, before landing on investment banking chief Ted Pick....
...Morgan Stanley on Wednesday said Pick will replace James Gorman, who had led the firm since 2009....
...Less than three weeks into Pick’s tenure as chief executive, Gorman’s exit after 14 years looks even more well-timed....
...Morgan Stanley chief executive James Gorman said the dividend decision reflected the bank’s “strong capital position”....
...However, Morgan Stanley chief executive James Gorman this week said his bank was “unlikely” to pursue further large-scale job cuts in the near future....
...The company has been on the market intermittently over the years, but an offer has yet to surface that satisfies its Texas billionaire owner Autry Stephens. CrownRock perhaps has the most promise....
...But customers have been cutting back and putting pressure on prices this year, forcing the prestigious firms to freeze US starting salaries, the FT’s Stephen Foley reports....
...Reporting by Jennifer Hughes, Brooke Masters, Harriet Clarfelt, Madison Darbyshire, Antoine Gara and Stephen Gandel in New York and Colby Smith in Washington...
...Additional reporting by Stephen Morris...
...Paul Gorman – Malcolm McLaren’s biographer and expert auction authenticator for McLaren and Westwood pieces – predicts prices have the potential to increase, but flags that there are many factors to take...
...Morgan Stanley chief executive James Gorman told analysts the bank’s “ultimate weapon” to manage a slowdown is pay....
...Chief executive James Gorman said the bank had delivered “strong” profitability “in the face of market volatility and economic uncertainty, demonstrating the resilience of our global diversified business...
...Chief executive James Gorman said that the bank had delivered “strong” profitability “in the face of market volatility and economic uncertainty, demonstrating the resilience of our global diversified business...
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