March 17- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein saw his overall compensation fall slightly, reflecting lower revenues at the bank in the first half of 2016.. Blankfein and Citigroup Inc CEO Mike Corbat were the only major bank CEOs whose pay was cut. Bank of America Corp CEO Brian Moynihan's compensation surged 25 percent to $20 million, his...
The finance world delivered a muted response to Trump's temporary ban on immigration. The New York Times reports.
"You can't sit on your hands," James Gorman tells CNBC from Davos.
But Morgan Stanley's James Gorman tells CNBC there are elements of the regulations that do need to be "curtailed."
Investor engagement is ticking up, says James Gorman, Morgan Stanley CEO, sharing his optimistic outlook on the markets but warns of risks ahead as well. We have massive geopolitical uncertainty, cautions Gorman.
James Gorman, Morgan Stanley CEO shares his views on market cycles and economic growth.
James Gorman, Morgan Stanley CEO, talks about the impact of higher rates on the bank's business. It clearly helps in the net income, say Gorman.
Big banks are being eyed by activist investors; it could mean more changes to strategy.
ValueAct's recently disclosed stake is "great news" for the company, according to CLSA's Mike Mayo.
Hedge fund ValueAct took a fresh Morgan Stanley stake, but the activist investors weren't necessarily angling for major changes at the bank.
It's getting tougher to be a CEO — if you don't work for one of the giant banks.
When it came to the Brexit vote, Wall Street banks (and traders) assumed the worst. But they may have gotten it wrong.
Citigroup raised Chief Executive Michael Corbat's pay by an estimated 27 percent in 2015, a year in which the bank's profit more than doubled.
Wall Street's two marquee investment banks each slightly cut their chief executives' pay after a year that saw profitability fall.
Morgan Stanley CEO James Gorman shares his views on the stock market and the economy.
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.
Back on this week, the World Economic Forum in Davos is as big as ever with lofty ambitions to match.
"The financial industry has largely lost the public trust," New York Fed President William Dudley said.
Morgan Stanley reported an 87 percent rise earnings as its trading and wealth management businesses benefited from increased client activity.
The JPMorgan CEO sees one thing that could derail the recovery: The $3.2 trillion nonbank financial system, or "shadow banks."