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  • NEW YORK, Feb 4- Colm Kelleher is a stickler for discipline, even when it comes to the office dress code. Kelleher's role as enforcer-in-chief at Morgan Stanley was solidified last month when the Wall Street firm's Chief Executive James Gorman named him president, the No. 2 spot. Ahead of his promotion he culled one-in-four jobs on its bond trading desk and he is...

  • Jan 22- Morgan Stanley Chief Executive James Gorman's overall pay fell 7 percent in 2015 as the Wall Street bank saw its shares drop and profitability fail to meet targets. Gorman will receive $21 million in total compensation, down from $22.5 million in the prior year, according to a bank spokesman. Firmwide net revenues in 2015 grew 77 percent to $6.1 billion...

  • Jan 22- Morgan Stanley Chief Executive James Gorman received a $4.6 million stock bonus for his performance in 2015, up 5 percent from the year before, according to a regulatory filing. The 183,678 shares comes in addition to Gorman's $1.5 million salary, cash, deferred cash and long-term incentives. Gorman's overall compensation is likely to be down modestly...

  • Choppy markets in the fourth quarter cut revenue 5 percent to $3.51 billion at the San Francisco- based bank's top fee-generating business. Barclays analyst Jason Goldberg has estimated that Wells rivals Morgan Stanley and Bank of America Corp's Merrill Lynch, also will post wealth management revenue declines when they report quarterly results on Tuesday.

  • Jan 6- Morgan Stanley on Wednesday promoted its investment banking chief, Colm Kelleher, to president, making him the heir apparent to current Chief Executive James Gorman, and prompting Greg Fleming, the head of wealth management, to depart. Fleming, who was once seen as a likely successor to Gorman before losing out in a management reshuffle in October, on...

  • Jan 6- Morgan Stanley has promoted its head of institutional securities, Colm Kelleher, to president, prompting Greg Fleming, the head of wealth management, to leave the bank. Fleming, who joined Morgan Stanley in 2009, was widely seen as an heir apparent to Gorman. He helped grow Morgan Stanley's wealth management arm into an operation that generated nearly half...

  • Dec 9- Morgan Stanley is winding down a group that develops and structures North American solar projects as part of a plan to cut up to 25 percent of jobs in its fixed income business, people familiar with the matter said on Wednesday. A spokesman at Morgan Stanley declined to comment. Morgan Stanley is cutting around 1,200 workers worldwide, including around 470...

  • Nov 30- Morgan Stanley plans to cut up to 25 percent of its fixed-income jobs, Bloomberg reported, citing people with familiar with the matter. The workforce reduction will be across all regions and is set to take place in the next two weeks, Bloomberg said, citing two of the people. Morgan Stanley declined to comment on the Bloomberg story.

  • NEW YORK, Nov 5- The culture within the world's biggest banks remains a possible source of instability seven years after the depths of the financial crisis, and more work is needed to reform the underlying causes of misconduct, top U.S. Federal Reserve and International Monetary Fund officials said on Thursday. New York Fed President William Dudley kicked off a...

  • NEW YORK, Nov 2- The Federal Reserve's New York branch on Monday named James Gorman, the chief executive of Wall Street bank Morgan Stanley, to its board of directors for a three-year term beginning in January. The appointment, however, may raise questions after the New York Fed, the central bank's eyes and ears on Wall Street, was criticized in recent years for what...

  • Morgan Stanley CEO Gorman elected to N.Y. Fed board Monday, 2 Nov 2015 | 2:21 PM ET

    NEW YORK, Nov 2- Morgan Stanley Chairman and Chief Executive James Gorman has been elected to the Federal. Morgan Stanley is a U.S. primary dealer, or one of the 22 top Wall Street firms that do business directly with the Federal Reserve. The other two Class A directors are Paul Mello, who is the CEO and president of Solvay Bank, and Gerald Lipkin, the chairman, CEO and...

  • Oct 19- Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank's third quarter earnings. Chief Executive James Gorman was put on the defensive after a 42 percent slide in bond trading, one of its worst performances since the...

  • NEW YORK, Oct 19- Fees and commissions collected last quarter by Morgan Stanley's almost 16,000 brokers were nothing to write home about, but Chief Executive Officer James Gorman said on Monday they were enough to justify his strategy of creating the world's biggest brokerage firm. Gorman, who joined Morgan Stanley in 2006 when its retail profit margin returns...

  • Oct 19- Wall Street bank Morgan Stanley reported a quarterly profit that fell far short of market expectations and offered little hope that things would improve anytime soon, capping a generally gloomy quarter for big U.S. banks. Morgan Stanley's profit slumped for the second straight quarter, as uncertainty about the timing of a U.S. interest rate hike and...

  • Oct 19- Wall Street bank Morgan Stanley reported a quarterly profit that fell far short of market expectations, capping a generally downbeat quarter for big U.S. banks after investors fled the bond, currency and commodity markets. Morgan Stanley's profit slumped for the second straight quarter, as uncertainty about the timing of a U.S. interest rate hike and...

  • Oct 16- Wall Street bank Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy. Morgan Stanley, the last of the big U.S. banks to release third-quarter earnings, said on Monday its trading...

  • Oct 16- Wall Street bank Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy. Morgan Stanley, the last of the big U.S. banks to release third-quarter earnings, said earnings applicable...

  • Morgan Stanley CEO: US economy going 'terrifically' Thursday, 22 Jan 2015 | 8:07 AM ET
    James Gordon, chairman and CEO of Morgan Stanley at 2015 WEF in Davos, Switzerland.

    James Gorman said on CNBC's "Squawk Box" from the World Economic Forum in Davos on Thursday that the Fed should hike interest rates in June.

  • Davos '15: Gates, Soros, Pharrell to tackle crises Tuesday, 20 Jan 2015 | 11:28 AM ET
    An armed member of the Swiss Police watches from the roof of the Hotel Davos ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2015.

    Back on this week, the World Economic Forum in Davos is as big as ever with lofty ambitions to match.

  • Fed to big banks: Clean up your act or you're done Tuesday, 21 Oct 2014 | 10:09 AM ET
    New York Federal Reserve President William Dudley

    "The financial industry has largely lost the public trust," New York Fed President William Dudley said.