Saturday, June 4, 2016

Morgan Stanley's Cunning Plan

June 3, 2016
How Morgan Stanley Plans to Stop Employees From Jumping Ship

New office chairs? ;)



April 18, 2016
Morgan Stanley Quarterly Profit Beats Estimates on Cost Cuts

Revenue fell 21 percent to $7.79 billion, compared with the $7.76 billion estimate of 18 analysts surveyed by Bloomberg. Non-interest expenses slid 14 percent to $6.05 billion, below the $6.42 billion estimate. Compensation expense dropped 19 percent to $3.68 billion and non-compensation costs declined 6.2 percent to $2.37 billion.

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