James Gorman

Otting makes it official; Morgan Stanley's Gorman: Hold the stock buybacks

05/22/20

The comptroller of the currency will be replaced by his COO, Brian P. Brooks, on an acting basis; CEO James Gorman says the economy needs to be on steadier ground first.

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Morgan Stanley CEO sees much less of a physical footprint in its future

04/16/20

"We've proven we can operate with no footprint," James Gorman, Morgan's CEO, said. "Can I see a future where part of every week, certainly part of every month, a lot of our employees will be at home? Absolutely."

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With E-Trade deal, Morgan Stanley moves deeper into consumer banking

02/20/20

The Wall Street giant will inherit some $56 billion of low-cost deposits that will allow it to offer more traditional banking products to its wealth management clients.

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Morgan Stanley buying discount broker E*Trade for $13 billion

02/20/20

The all-stock takeover would add E*Trade’s $360 billion of client assets to Morgan Stanley’s $2.7 trillion.

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U.S. bank CEOs see Fed staying the course after market chaos

01/24/19

Leaders of the biggest U.S. banks don’t see 2018’s wild ending as reason enough for the Federal Reserve to reverse course.

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Top woman banker leaving BofA; appeals court tosses trader conviction

05/04/18

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.

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Morgan Stanley kicks new tech strategy into gear

05/01/18

The investment bank has asked Rob Rooney, an executive who wore multiple hats at the company, to focus full time on the data-oriented strategy he has devised for its wealth management, capital markets and other functions.

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Massive crypto hack highlights need for custody solutions

01/26/18

The Japanese cryptocurrency exchange Coincheck says roughly $400 million of the digital currency NEM was stolen. If banks and others are to invest in the digital-asset industry, it will have to do better.

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SoFi makes an offer; B of A fires hedge fund executive

01/22/18

Anthony Noto may be SoFi’s next CEO; manager is quietly let go following an internal investigation into alleged sexual misconduct.

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Gorman's brokerage play lifts Morgan Stanley to higher profits

10/17/17

Morgan Stanley’s net income rose 12% to $1.8 billion, or 93 cents a share, from $1.6 billion, or 81 cents, a year earlier.

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