Philip Purcell News
-
Regulators want safety. Investors want profits. Employees want bonuses.
-
James Gorman strides across the stage of the auditorium on the top floor of Morgan Stanley’s Times Square headquarters. It’s late October, and he’s in the midst of the second investor revolt he’s been through in three years -- the first one coming during the financial upheaval of 2008.
-
Note to Lloyd Blankfein : Imagine, for a moment, what would happen if a cardiac surgeon were paid like a Wall Street banker in 2006.
-
A win for Morgan Stanley in a fight with Citigroup Inc. over the value of their brokerage joint venture could show the firm is playing a losing hand.
-
Citigroup Inc. directors ousted Chief Executive Officer Vikram Pandit after concluding his mismanagement of operations caused setbacks with regulators and cost credibility with investors, a person with knowledge of the discussions said.
-
Citigroup Inc. directors ousted Chief Executive Officer Vikram Pandit after concluding his mismanagement of operations caused setbacks with regulators and cost credibility with investors, a person with knowledge of the discussions said.
-
Iowa native Justin Bruch marveled at the opportunity when Morgan Stanley called in late 2007 to recruit him for an unusual assignment.
-
Sutesh Sharma, who heads a team of Citigroup Inc. proprietary traders, intends to leave the company and start a hedge fund, two people familiar with the plan said.
-
Citigroup Inc. has moved Ramakrishna Putcha, a former proprietary trader, into an internal hedge fund that makes bets with about $200 million of the firm’s money after the portfolio slid 14 percent last year.
-
Vikram Pandit , who steered Citigroup Inc. through a $45 billion government bailout, has staked his bank’s future on emerging markets -- just as investors are pulling back.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page