Black and white employees say the efforts added to a divisive culture. Now, as political pressure rises, the bank is watering down initiatives.

The former CEO of Morgan Stanley, James Gorman, was compensated with $37 million in his last year of leadership in 2023. This made Gorman the highest paid CEO among Wall Street banks at the time.

General Atlantic has hired former Morgan Stanley chief executive James Gorman as an adviser ahead of a possible IPO for the US private equity firm. The veteran Wall Street banker will join General ...

Disney's board named director James Gorman, executive chairman of Morgan Stanley, as chair of its succession planning committee to identify a CEO replacement to take the reins from Bob Iger.

Disney has named former boss of Morgan Stanley James Gorman as its new chairman - set to begin his duties early next year. He will succeed Mark Parker, who has spent nine years on Disney's board.

Here's how the bank fared. Other key numbers: "In the first half of the year, we produced strong results across the franchise," Morgan Stanley CEO James Gorman said. "Despite the seasonal summer ...