James Gorman talks Disney succession, proxy fight as he gears up to join board
Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which…
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the…
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance…
Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG
Morgan Stanley agreed to pay a fine of $6.5 million to a coalition of six states for compromising the personal…
Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking
SINGAPORE — Morgan Stanley Chairman and CEO James Gorman said his firm will be able to cope with “any form”…
