Eric Grossman News
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Morgan Stanley gave Chairman and Chief Executive Officer James Gorman a compensation package for 2012 that’s 30 percent less than his 2011 award, excluding a new incentive package, a person familiar with the decision said.
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Morgan Stanley’s chief legal officer, Frank Barron, is leaving this year and will be succeeded by Eric Grossman, who was most recently global head of legal.
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Morgan Stanley , the sixth-largest U.S. bank by assets, named Eric Grossman , its general counsel for the Americas, as global head of legal.
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Morgan Stanley named Eric Grossman to be its next chief legal officer as Frank Barron retires this year, according to a memo from Chief Executive Officer James Gorman.
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Jeffrey C. Hammes has been re-elected as chairman of Kirkland & Ellis LLP’s global management executive committee. Hammes became chairman in 2010, and his second three-year term will start in February 2013.
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Bank of New York Mellon Corp. and federal prosecutors are close to settling some claims in a government lawsuit accusing the bank of overcharging customers for foreign-exchange trading, according to a court filing.
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Morgan Stanley , the sixth-largest U.S. bank by assets, hired Frank Barron , a litigation partner at Cravath, Swaine & Moore LLP, to replace Gary Lynch as chief legal officer.
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A former UBS AG client who played soccer on the Soviet national team pleaded guilty to failing to tell U.S. tax authorities about $2.6 million held in an offshore account.
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Morgan Stanley, the sixth-largest U.S. bank by assets, paid Chairman and Chief Executive Officer James Gorman $10.5 million for 2011, a 25 percent decrease from the previous year, a person familiar with the decision said.
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