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

Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Officer Ted Pick. The cuts will take place across the firm ...

The cuts are reportedly part of CEO Ted Pick’s plan to keep costs under control about a year after he took the top job. Multiple reports over the past 24 hours have revealed Morgan Stanley’s ...

Morgan Stanley is preparing to cut approximately 2,000 jobs later this month, marking the firm’s largest round of layoffs since Ted Pick became CEO in January 2024, according to multiple reports.

Morgan Stanley today announced $15 million in new multi-year grants to members of its Alliance for Children’s Mental Health ("the Alliance"), as part of the firm’s $50 million commitment to advancing ...

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 ...

New CEO Cuts Jobs as Deals Slow and Tariffs Add Pressure Morgan Stanley is making its first big job cuts under CEO Ted Pick, who took over in January 2024. The bank is reducing staff based on ...

Morgan Stanley plans to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Ted Pick, Bloomberg reported, citing people familiar with the matter.

[NEW YORK] Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under chief executive officer Ted Pick. The cuts will take place across the ...