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Morgan Stanley's stock has fallen 9% in the past week, after the bank provided no update on who will take over after CEO James Gorman retires next spring.
(Bloomberg) -- Morgan Stanley can’t seem to catch a break when it comes to Wall Street’s views on the firm.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007S&P 500 Holds Its Ground Amid Wild Treasury Moves: Markets WrapCar Owners Fall Behind on Payments at Highest Rate on RecordChevron to Buy Hess for $53 Billion in Latest Oil MegadealJust days after the last bearish analyst turned n
Morgan Stanley CEO James Gorman has announced that he plans to retire by May 2024 after a 13-year stint at the bank. These top deputies are primed for the position.
None Morgan Stanley CEO James Gorman plans to retire by May 2024, leaving big shoes to fill. • None The two frontrunners are hard-charging trader Ted Pick and…
Succession has traditionally been a bloody sport on Wall Street. With Morgan Stanley at the top of its game, holding onto these proven executives is vital.