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Morgan Stanley bets on smaller bond unit, defying skeptics

Last Updated: Saturday, January 18, 2014, 13:26

In early 2011, Morgan Stanley Chief Executive James Gorman thought he had finally figured out how to rebuild the bank`s depleted bond trading business without taking too much risk.

Morgan Stanley CEO to receive $10.5 million

Last Updated: Saturday, January 21, 2012, 08:48

Morgan Stanley Chief Executive James Gorman was awarded a USD 10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.

Morgan Stanley Chairman Mack to retire at year-end

Last Updated: Friday, September 16, 2011, 10:01

Morgan Stanley Chairman John Mack, whose sharp elbows and aggressive cost-cutting tactics earned him the nickname "Mack The Knife," will step down at the end of the year, fully handing the reins to Chief Executive James Gorman.