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James Gorman

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  • WRAPUP 2-For Morgan Stanley, playing it safe pays off Thursday, 17 Apr 2014 | 7:25 PM ET

    April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.

  • NEW YORK, April 17- Morgan Stanley's big bet on wealth management is looking strong as fees, commissions and interest collected by its more than 16,000 brokers fueled a 13 percent rise in the business's first-quarter net income from a year earlier to $423 million, the company said Thursday.

  • "Companies are really digging in on identifying what areas it makes sense to focus their benefits programs," said Robert Newbury, director at pay consulting firm Towers Watson.

  • NEW YORK, April 2- Morgan Stanley Chief Financial Officer Ruth Porat on Wednesday called on government and corporate leaders to encourage the promotion of women into senior business roles, saying the number of women in top positions at U.S. corporations is "an embarrassment."

  • NEW YORK, March 28- James Gorman, Morgan Stanley's chief executive and chairman, was awarded total compensation of $12 mln for 2013, double what he got the previous year, the bank said in its proxy filing on Friday.

  • NEW YORK, March 25- Morgan Stanley shareholders will find out this week whether the U.S. An ROE of at least 10 percent would show that Morgan Stanley can earn enough to pay for new capital and signal that the bank is past the restructuring it needed to make after the financial crisis.

  • JPMorgan Chase& Co, former top Morgan Stanley banker Paul Taubman and Barclays, which together advised Comcast, would split an estimated $51 million to $68 million in advisory fees if the proposed deal goes through, according to estimates by Freeman& Co LLC.

  • Fleming, the head of Morgan Stanley's wealth and investment management businesses, is on the bank board's list of candidates who could potentially succeed Chief Executive James Gorman, according to sources with direct knowledge of the situation. But colleagues and recruiters say he is also a flight risk for Morgan Stanley.

  • Fleming, the head of Morgan Stanley's wealth and asset management businesses, is on the bank board's list of candidates who could potentially succeed Chief Executive James Gorman, according to sources with direct knowledge of the situation. But colleagues and recruiters say he is also a flight risk for Morgan Stanley.

  • Feb 7- Morgan Stanley named four executives, including fixed-income trading co-heads Michael Heaney and Robert Rooney, to its operating committee, bringing the Wall Street bank's total committee members to 16, the company said on Friday.

  • Feb 4- Morgan Stanley said it would pay $1.25 billion to the U.S. regulator for Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed securities.

  • NEW YORK, Jan 28- Morgan Stanley on Tuesday named Erskine Bowles, a prominent Democrat and investor, as independent lead director of its board of directors, replacing C. Robert Kidder.

  • NEW YORK, Jan 23- Morgan Stanley Chief Executive James Gorman received a $4.9 million stock bonus for his performance in 2013, up 86 percent from the year before, according to a regulatory filing, as the company's income jumped.

  • NEW YORK, Jan 23- Morgan Stanley Chief Executive James Gorman received a $4.9 million stock bonus for his performance in 2013, according to a regulatory filing and based on the bank's closing share price on Thursday. Morgan Stanley shares closed at $31.48 on Thursday.

  • NEW YORK, Jan 18- In early 2011, Morgan Stanley Chief Executive James Gorman thought he had finally figured out how to rebuild the bank's depleted bond trading business without taking too much risk.

  • Jan 17- Morgan Stanley posted stronger-than-expected fourth-quarter results, as its retail brokerage and asset management businesses won more assets from clients and benefited from rising stock markets.

  • Jan 17- Morgan Stanley posted stronger-than-expected fourth-quarter results, as its retail brokerage and asset management businesses won more assets from clients and benefited from rising stock markets.

  • Jan 17- Morgan Stanley rolled forward its plan to reduce its risky assets as the Wall Street bank focuses on generating a higher return on equity, a measure where it lags its rivals. Morgan Stanley shares, which have risen 56 percent in the past year, were up about 1 percent before the opening bell.

  • UPDATE 1-Legal bills hit Morgan Stanley profit Friday, 17 Jan 2014 | 7:53 AM ET

    Jan 17- Morgan Stanley reported a sharp fall in quarterly profit as the Wall Street bank was hit by $1.2 billion in legal bills but adjusted earnings beat market estimates. Morgan Stanley shares, which have risen 56 percent in past 12 months, were up 2.3 percent at $32.75 before the opening bell.

  • NEW YORK, Jan 6- Morgan Stanley's former global head of rates trading, Edward Glenn Hadden, said he has left the bank to pursue another opportunity after a change in strategic direction. In an interview on Monday, Hadden said he decided to leave after Morgan Stanley's management changed plans for the business, and after his former boss, Ken de Regt, left in May.

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