Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.

Morgan Stanley paid Co-President, Head of Investment Management and Head of Wealth Management Andy Saperstein $27 million for his work in 2024.

Pick, who earned $34 million for his first year as CEO, added the chairman role at the start of 2025. Gorman will serve as a non-employee advisor to Morgan Stanley this year and next for a fee of $400 ...

Glass Lewis changed its recommendation on Citi after the bank issued an updated disclosure explaining $52.25 million in pay ...

That bet paid off – Morgan Stanley’s wealth unit, led by Andy Saperstein, brought in record revenue last year. And CEO James Gorman has set an ambitious goal of reaching $10 trillion in client ...

In a memo to Morgan Stanley staff, co-president Andy Saperstein said the AI assistant would “revolutionize client interactions, bring new efficiencies to advisor practices, and ultimately help free up ...

Morgan Stanley posted strong 1Q earnings on Friday, boosted by its equities trading business. Earnings also reflected the sale of loans tied to Elon Musk's purchase of X. The loans were on the ...