Yahoo Finance Live's Julie Hyman breaks down the rise in regional bank stocks, Morgan Stanley CEO stepping down within the next year, and the company's stock movement.
“The specific timing of the CEO transition has not been determined, but it is the board's and my expectation that it will occur at some point in the next 12 months,” Gorman said.
Yahoo Finance Live breaks down the news of Morgan Stanley CEO James Gorman's plans to step down as company leadership within the next year, featuring comments from ProShares Global Investment Strategi
Morgan Stanley will likely appoint its next CEO in the next 12 months, its current Chief Executive James Gorman said on Friday.
Morgan Stanley Chairman and CEO James Gorman says he'll step down and become executive chairman in the next 12 months. He made the announcement Friday.
Morgan Stanley chief executive James Gorman will step down as the company's head within the next 12 months, he said Friday at the bank's annual shareholder meeting.
Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months.

Morgan Stanley's Gorman Stepping Down as CEO

09:31am, Friday, 19'th May 2023
Morgan Stanley's James Gorman plans to step down as CEO in the next 12 months and assume the role of executive chairman. Sonali Basak reports on "Bloomberg Surveillance.
Morgan Stanley's board has narrowed its CEO search to three "very strong" internal candidates to succeed Gorman, the chief said.
Morgan Stanley's MS, +0.69% stock is down 0.8% early Friday as CEO James Gorman aired a plan at the bank's annual general shareholder meeting to step down in the next 12 months. “The specific timing
James Gorman will be stepping down from his role in the next 12 months, The Wall Street Journal reports.
Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months.
Goldman Sachs, Morgan Stanley and JPMorgan, among other Wall Street firms, realize that China's markets are no longer as lucrative as expected.
Zacks.com users have recently been watching Morgan Stanley (MS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Morgan Stanley (MS) plans to increase staff in Paris by 200 by 2025 as a post-Brexit measure.
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