The Great Resignation is turning into a great myth for one Wall Street bank. Morgan Stanley chief James Gorman says the firm has seen relatively few departures in the wake of the pandemic, and certainly nothing like the trend that’s ...

A former Morgan Stanley broker likely will defend himself against charges by several pro athletes that he ripped them off by citing investment returns.   A current NBA player, his wife and two former NBA players allege that Darryl Matthew ...

Charles Patrick O’Connor, who managed $450 million at Morgan Stanley, has joined Baird in Yakima, Washington, Baird announced Tuesday. Separately, Thomas Helms and Scott Shadid, who led a team managing more than $400 million at Morgan Stanley in Durango, Colorado, ...

Morgan Stanley continued its buying spree, announcing Thursday that it was acquiring a Denver-area institutional retirement planning firm with $72 billion in assets, Cook Street Consulting. Terms of the deal were not disclosed. A Morgan Stanley spokesperson confirmed the acquisition. ...

Former Morgan Stanley executive Ruchir Sharma is joining Rockefeller Capital Management as the wealth adviser expands its services to the world’s super-rich. Sharma, previously chief global strategist and head of emerging markets at Morgan Stanley Investment Management, will start Feb. ...

Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at U.S. investment banks swelled as much as they have right now. Goldman Sachs Group Inc. just finished spending an average of ...

Morgan Stanley boosted Chief Executive Officer James Gorman’s compensation to $35 million, leaving him poised to be the best-paid major U.S. bank boss for another year. Morgan Stanley increased Gorman’s pay 6% for 2021, with the bank’s profitability climbing to ...

Three advisers who manage more than $325 million in assets in St. Petersburg, Florida, have joined Raymond James & Associates from Morgan Stanley. Paul Manfrey, Greg Bell and Colin Long will operate as The HarborView Group, according to the Raymond ...

The father-daughter team of John and Jennifer Tarantino, who managed $250 million at Morgan Stanley, have set up their own firm in Florham Park, New Jersey, and affiliated with LPL Financial. The two are using the services of Gladstone Wealth ...

Morgan Stanley & Co. agreed to pay $60 million to settle a class-action lawsuit claiming a data security breach exposed the personal data of 15 million current and former customers, including credit card and Social Security numbers. The sensitive information ...