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Morgan Stanley to reportedly cut hundreds of jobs in wealth management division

Morgan Stanley is reportedly cutting hundreds of bank jobs in its wealth management division as part of cost-cutting measures implemented by new Wall Street CEO Ted Pick. According to the Wall Street Journal, the company plans to cut executive directors and other non-customer-facing employees. The company was the first to report planned job cuts. The […]

Maple Leafs’ Morgan Rielly suspended five games for cross-check

The NHL has suspended Maple Leafs defenseman Morgan Rielly for five games for a “deliberate and forceful attack” on the head of Senators forward Ridley Greig over the weekend. The announcement followed an in-person hearing for Rielly in New York on Tuesday. On Saturday night, the blueliner went out of his way to attack Greig […]

Auburn’s Johni Broome sorry for smacking Morgan Freeman’s hand

OXFORD, Miss. — Auburn’s Joni Bloom met with one of her favorite movie stars and apologized to Morgan Freeman for how things went. Bloom, who scored 15 points in the No. 16 Tigers’ 91-77 win over Mississippi State on Saturday night, tried to save a ball that went wide in the second half, but someone […]

MORGAN MURPHY: Trump Or Biden — Who ‘War’ It Better?

During his 2020 presidential campaign, Joseph Biden said of President Trump, “I’m worried he’s going to drag us into a war with Iran.” Biden blasted President Trump’s “maximum pressure campaign” against Iran, the world’s leading state sponsor of terrorism, as “dangerously incompetent.” He insisted that withdrawing from the 2015 nuclear deal with Iran was a […]

Morgan Stanley paid James Gorman $37M in last year as CEO

Morgan Stanley's board of directors has given James Gorman a 17% raise in 2023, bringing his total compensation to $37 million in his final year as the bank's chief executive officer. In addition to his base salary of $1.5 million, Gorman received a cash bonus of just under $9 million, according to a regulatory filing […]