Ruth Porat

Morgan Stanley CEO to receive $10.5 million

(Reuters) - Morgan Stanley <MS.N> Chief Executive James Gorman was awarded a $10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.
 

Morgan Stanley beats expectations with cost cuts

(Reuters) - A pricey settlement over bond insurance pushed Morgan Stanley <MS.N> into the red in the fourth quarter, but the Wall Street bank still posted better-than-expected results, due to a focus on cost cuts and relatively strong performance in equities trading.
 

Morgan Stanley profit surprises amid market stress

(Reuters) - Morgan Stanley <MS.N> posted a surprisingly strong profit during a rough-and-tumble third quarter for Wall Street, helped by a large accounting gain and an increase in stock-trading revenue.
 

M.Stanley outshines rivals with higher commods risk

NEW YORK (Reuters) - Morgan Stanley <MS.N> generated higher revenue from commodities in the third quarter as it piled on more trading risks than rival Wall Street banks as oil, metals and grains prices swung wildly.
 

Morgan Stanley executives pour money into stock

NEW YORK (Reuters) - Top Morgan Stanley <MS.N> officials purchased thousands of shares this week as the U.S. investment bank's stock price fell to new two-year lows, according to regulatory filings.
 

Wealth management expenses weigh on Morgan Stanley

NEW YORK (Reuters) - Senior executives at Morgan Stanley <MS.N> expressed impatience with the profitability of the company's retail brokerage business on Thursday, despite reporting progress in the unit's joint venture with Citigroup's <C.N> Smith Barney.
 

Wealth management expenses weigh on Morgan Stanley

NEW YORK (Reuters) - Senior executives at Morgan Stanley expressed impatience with the profitability of the company's retail brokerage business on Thursday, despite reporting progress in the unit's joint venture with Citigroup's Smith Barney.
 

Morgan Stanley denies Fox layoff report

NEW YORK (Reuters) - Morgan Stanley <MS.N> might lay off more workers than the few hundred underperforming financial advisers it previously said were at risk of being fired, according to Fox Business Network.
 

Wall Street targets pay as trading revenue fizzles

NEW YORK (Reuters) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingly restless over weak returns.
 

Wall Street takes aim at staff levels, expenses

NEW YORK (Reuters) - Traditionally fat expense accounts on Wall Street are about to get slashed as major banks set out to cut spending and staffing due to weaker markets and new regulation that will cut in to their profits.
 

Morgan Stanley trading turnaround makes progress

NEW YORK (Reuters) - Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.
 

Morgan Stanley trading turnaround makes progress

NEW YORK (Reuters) - Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.
 

Morgan Stanley clients re-engage in stocks: CFO

NEW YORK (Reuters) - Profit at Morgan Stanley's global wealth management division jumped in the first quarter as retail investors poured in $11.4 billion of new assets.
 

Special report: Inside AIG's tortuous turnaround

NEW YORK/WASHINGTON (Reuters) - During a rainstorm in Washington in early 2009, amid the furor over Wall Street's post-bailout bonuses, an American International Group employee pulled out an umbrella that had the insurer's name on it.
 

Morgan Stanley posts 3Q loss on special charges

Morgan Stanley reports 3rd quarter loss tied to changing value of bank's own debt. Morgan Stanley became the latest investment bank to report weaker results Wednesday from a trading slowdown during the summer.
 

Morgan Stanley falls further behind Goldman

NEW YORK (Reuters) - Morgan Stanley reported a surprising third-quarter loss, suggesting the bank is losing hard-won ground in the battle with Goldman Sachs for Wall Street supremacy.
 

Morgan Stanley wealth adds assets

NEW YORK (Reuters) - Morgan Stanley, rebounding from a disappointing second quarter in wealth management, added more financial advisers and client assets in the third quarter though profit and revenue remained flat in a tough trading environment.
 

On the Call: Morgan Stanley cautious about growth

On the Call: Morgan Stanley CFO says potential bounce back in trading activity still tentative. Morgan Stanley became the latest investment bank to be stung by a slowdown in trading as clients reduced risk throughout the third quarter.
 

Morgan Stanley profit jumps, tops forecasts

Morgan Stanley earns $1.58B in 2nd quarter as investment banking, brokerage businesses grow. Morgan Stanley said Wednesday its second-quarter net income rose to $1.58 billion, easily topping forecasts as its Smith Barney brokerage helped the bank recover from a loss a year ago.
 

Obama signs sweeping Wall Street overhaul into law

WASHINGTON (Reuters) - President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the U.S. economy.