Morgan Stanley deflected a blow to a unit that advises banks by promoting Kevin Ryan, one of the group’s leaders, after Goldman Sachs Group Inc. tried to recruit him, said two people with knowledge of the matter.
Gilt Groupe Inc., the website specializing in quick sales of high-end clothing, is searching for a successor for Chief Executive Officer Kevin Ryan who can help the company prepare for an initial public offering, according to a person with direct knowledge of the matter.
Jeff Bezos is channeling Steve Jobs. It’s mid-September and the wiry billionaire founder of Amazon.com Inc. is at his brand new corporate headquarters in Seattle, in a building named “Day One South” after his conviction that 17-year-old Amazon is still in its infancy.
Steven Kantor, then head of investment banking for Cantor Fitzgerald LP, gathered his staff about a year ago for a holiday party in his 82nd-floor apartment in Trump World Tower overlooking the United Nations.
Gilt Groupe Inc., an e-retailer, and MobileIron Inc., whose software protects smartphones, are working with Goldman Sachs Group Inc. on their initial public offerings, said people with knowledge of the deals.