Page 3 - Dan Simkowitz News Today

(Reuters) - Morgan Stanley has named Jed Finn as the head of its wealth management unit, according to an internal memo seen by Reuters on Monday. Finn...

But the JPMorgan Chase chief's $1.2 billion in holdings is massive compared with his bank peers

For a moment, it seemed that the fourth quarter might give bonuses a boost.

Congratulations, Ted Pick. Not only have you been picked by Morgan Stanley to be the next CEO, you're getting a $20 million bonus. As it turns out, so are the two men Pick...

Mike Mayo says the payouts to three senior leaders suggest governance risk.

None Morgan Stanley is giving $20 million bonuses to its incoming CEO and the two other candidates. • None Ted Pick was named as the bank's new CEO, and…

When your juiced-up bonus disappears.

New chief executive Ted Pick and two others were given the equivalent of a year's compensation.

Morgan Stanley's new leadership team Ted Pick, Andy Saperstein and Dan Simkowitz have been awarded $20million in performance-related shares.

Morgan Stanley is reportedly giving all the three contenders floated as outgoing boss James Gorman's successor -- including Ted Pick, who was officially named the next in line for CEO -- special bonuses worth a whopping $20 million each.