Black and white employees say the efforts added to a divisive culture. Now, as political pressure rises, the bank is watering ...

Morgan Stanley plans to cut 2,000 jobs as part of a workforce restructuring. This move aims to improve operational efficiency ...

Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter said Tuesday. The reduction of 2% to 3% of the company’s ...

Ted Pick, Morgan Stanley CEO (Jeenah Moon/Bloomberg) Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 ...

Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Officer Ted Pick. The cuts will take place across the firm ...

Morgan Stanley follows other big US financial firms in announcing CEO compensation for 2024. Last week, Bank of America Corp. said it boosted CEO Brian Moynihan’s pay to $35 million for 2024.

"We continue to execute on our strategy and remain well positioned to deliver growth and long-term value for our shareholders," Morgan Stanley CEO Ted Pick said in a statement. Although the ...

At Morgan Stanley MS3.44%increase; green up pointing triangle, the backlash bubbled up from within. After George Floyd’s murder in 2020, the investment bank’s then-CEO James Gorman called ...