James Gorman

Morgan Stanley (NYSE:MS) CEO Ted Pick floated a $10 trillion wealth management target at the firm’s U.S. Financials Conference, building on record first-quarter 2026 revenue and a combined $9 trillion in client assets. Wealth Division Goes It Alone On Bold Target Pick told the conference that...

Walt Disney Co. (NYSE:DIS) has nominated former Apple Inc. (NASDAQ:AAPL) Chief Operating Officer Jeff Williams to join its board of directors. Disney Taps Apple Veteran On Wednesday, the Chairman of the Board at Disney announced in a press release that Williams, who retired from Apple in November...

Global investment bank Morgan Stanley (NYSE:MS) has actively pitched stocks and investments tied to Bitcoin (CRYPTO: BTC) to its clients this year, despite executive chairman James Gorman's skepticism about the leading cryptocurrency’s potential. What happened: Earlier this year, Gorman, who...

Morgan Stanley (NYSE:MS) shares are trading lower on Thursday. The banking behemoth’s Executive Chairman James Gorman reportedly said at the bank’s annual shareholder meeting on Thursday he would step down on Dec. 31, 2024. After 14 years leading the bank, the former CEO ...

Walt Disney Co (NYSE:DIS) is in the midst of a proxy battle with activist investor Nelson Peltz, who isn't convinced Disney’s management team knows how to bring the magic back to shareholders. On the other hand, Morgan Stanley executive chair and newest Disney board member James...

The former CEO of Morgan Stanley, James Gorman, recently shared his perspective on Bitcoin (CRYPTO: BTC), the banking sector and the economic landscape. What Happened: After a 14-year stint as Morgan Stanley’s CEO, which ended on New Year’s Day, Gorman, in an interview with Bloomberg,...

The CEO of Morgan Stanley (NYSE:MS), James Gorman, has echoed Berkshire Hathaway’s (NYSE:BRK) Warren Buffett’s sentiments, attributing recent bank failures to poor management decisions. What Happened: In an interview with Financial Times...

Morgan Stanley (NYSE: MS) CEO James Gorman laid to rest any investor uncertainty Thursday as it pertains to the investment bank’s position, or potential ownership, of Elon Musk’s micro-blogging platform Twitter. What Happened: Responding to a question from Bloomberg...

Two of the nation's largest banks, JPMorgan Chase & Co (NYSE: JPM) and Morgan Stanley (NYSE: MS), reported quarterly earnings Thursday that failed to meet analyst expectations, and more seriously, profits were down in both firms. What Happened — JPMorgan Chase: “...

Morgan Stanley (NYSE: MS) shares are trading higher Tuesday after the company announced a new buyback program of up to $20 billion and raised its quarterly dividend. Morgan Stanley's board authorized a $20 billion share repurchase program, which is set to begin in the third...

Morgan Stanley (NYSE: MS) announced Monday that it will raise its quarterly common stock dividend to $0.775 per share from the current $0.70 per share beginning with the common dividend expected to be declared in the third quarter of 2022. What Happened: Morgan Stanley CEO James Gorman said,...

Morgan Stanley (NYSE: MS) shares are trading higher Thursday after the company announced its first-quarter financial results. Morgan Stanley reported first-quarter revenue of $14.8 billion, which was down from $15.72 billion year-over-year. The company reported quarterly earnings of $2.06 per...

Morgan Stanley (NYSE: MS) is trading higher Tuesday morning after the company doubled its quarterly dividend and increased its buyback to $12 billion.  Morgan Stanley announced it will raise its quarterly common stock dividend from 35 cents per share to 70 cents per share....

Investment bank Morgan Stanley (NYSE: MS) on Thursday disclosed entering into a definitive agreement to acquire Boston-based investment management company Eaton Vance Corp (NYSE: EV). The purchase consideration is estimated at $7 billion, payable partly in cash, and the balance through stocks....