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His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of Dubai International Financial Centre (DIFC), met with James Gorman, Chairman and CEO of
Morgan Stanley joining a growing industry on Wall Street and continuing its push into asset management with the launch of an exchange-traded fund platform.
Morgan Stanley is readying a "first-class ETF platform" to meet ballooning demand.
by Tyler Durden Thursday, May 20, 2021 - 01:52 PM In a move apparently engineered to preempt shareholder concerns in the wake of JPM's succession-planning-oriented shakeup (CEO Jamie Dimon has said he won't retire for at least another five years, though he had a heart attack during the COVID crisis last March), Morgan Stanley is planing a similar move as CEO James Gorman positions two key lieutenants as possible successors. Ted Pick, Daniel Simkowitz, Andy Saperstein and Jon Pruzan Bloomberg reports that Ted Pick, billed as "the architect of Morgan Stanley's trading revival," and Andy Saperst...