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Morgan Stanley boss acknowledges slow progress on diversity - Netscape Money & Business


Morgan Stanley boss acknowledges slow progress on diversity
By Matt Scuffham
Reuters
NEW YORK (Reuters) - Morgan Stanley s efforts to improve the diversity of its workforce and senior management have not proceeded as quickly as Chief Executive James Gorman would have liked, he said in prepared testimony posted on Tuesday.
Wall Street bank chiefs are expected to face tough questions in U.S. Congress on hot-button social and economic issues when they appear before House and Senate committees on Wednesday.
Ahead of the hearing, Morgan Stanley was asked to assess its successes and failures recruiting a diverse workforce generally and at the senior executive level specifically. ....

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