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“Morgan Stanley finally lures bankers back to the office 5 days a week” Morgan Stanley has finally succeeded in bringing its employees back to their desks five days a week, sources told The Post — and the threat of layoffs proved to be an effective incentive. On Thursday, the Wall Street giant’s CEO James Gorman…
“Morgan Stanley CEO James Gorman making ‘modest’ job cuts” Morgan Stanley is making modest job cuts across the globe, Chief Executive James Gorman said, as Wall Street comes under pressure with dealmaking slowing down. “Some people are going to be let go,” Gorman said at the Reuters NEXT conference, without specifying numbers. “We’re making some modest cuts all over…
“CEO pay jumps more than 15% as post-pandemic bonuses surge” Compensation for chief executives jumped 15.7% last year — driven mainly by huge bonus payouts as corporations recovered from the pandemic, according to a new study. The survey from advisory firm Willis Towers Watson found CEO salaries increased 2% in 2021, but bonuses were on…
“#Restaurants are 75% back to normal, but NYC offices still mostly empty” Morgan Stanley CEO James Gorman ruffled feathers when he slammed employees last summer for going to restaurants even as they shunned the office. “If you can go into a restaurant in New York City, you can come into the office,” Gorman said last…
“#Goldman CEO David Solomon gets 27% pay bump to $35 million” Goldman Sachs Chief Executive Officer David Solomon will get a 27% raise in annual pay, bringing his total compensation for 2021 to $35 million, the bank said on Friday. The news on the Goldman chief’s pay comes after competitor James Gorman, CEO at Morgan Stanley, also…
“#Morgan Stanley interns favor flexibility as CEO blasts working from home” Morgan Stanley interns say they would like more work flexibility — even as their hard-charging CEO rails against the growing work-from-home movement. The bulk of the investment bank’s interns say they would like some work-from-home options when they enter the workforce full-time, according to…
“#get back to the office” Morgan Stanley doesn’t just want its own employees back in the office. It also wants employees of the companies it works with back in the office. In a memo sent last week, the Wall Street giant’s chief legal officer Eric Grossman urged a slew of white-shoe law firms the company…
“#Morgan Stanley CEO doubles down against working from home” Morgan Stanley boss James Gorman doubled down on his stance against working from home, saying there’s no substitute for schlepping into the office and toiling with colleagues in person. “I fundamentally believe the way you and I develop our career is by being mentored and by…
“#Morgan Stanley resumes face-to-face meetings, cites ‘Zoom fatigue’” Morgan Stanley CEO James Gorman doesn’t just want his bankers back in the office — he wants them meeting with clients and investors, too. The hard-charging Wall Street boss — who earlier this week told the rank-and-file he expects them to be at their desks by Labor…
“#Morgan Stanley pledges $2M for struggling NYC street food vendors” James Gorman is playing Santa Claus to New York City’s struggling street food scene, which has been devastated by the pandemic. The CEO of Morgan Stanley said the bank has committed $2 million to keep the city’s street vendors afloat on top of a $375,000…