Page 10 - Dan Simkowitz News Today

By Tatiana Bautzer NEW YORK (Reuters) - Wall Street investment bankers are optimistic that dealmaking will pick up as new initial public offerings (IP...

NEW YORK (Reuters) -Wall Street investment bankers are optimistic that dealmaking will pick up as new initial public offerings (IPOs) hint at a broader recovery. Goldman Sachs CEO David Solomon told Reuters in an interview on Tuesday that the optimism that the U.S. economy will avoid a recession is prompting capital markets to reopen. "The environment is definitely better," said Solomon, who noted that Goldman was involved in most of the share offerings.

By Tatiana Bautzer NEW YORK (Reuters) - Wall Street investment bankers are optimistic that dealmaking will pick up as new initial public offerings (IP...

Two financial giants look likely to crush the competition | Finance & economics

Two financial giants look likely to crush the competition

James Gorman has vowed to have his successor in place in less than a year.

James Gorman is attempting the impossible while reading books on the human psyche.

As Morgan Stanley's James Gorman considers who to succeed him as CEO, he also hopes that the handoff will be drama-free.

James Gorman, 65, is running Wall Street’s most closely watched horse race, vowing to have his successor at Morgan Stanley n place in less than a year. 

Five years ago, the race to be the bank's next CEO was Ted Pick's to lose. But now that wealth management is Morgan Stanley's main driver, can the trading boss deliver?