New CEO of Morgan Stanley faces tough choices on strategy

Article Abstract:

John Mack has been appointed Chief Executive Officer at Morgan Stanley of the United States. The securities interest has been the center of a top management struggle for four years. Mr. Mack has indicated he will not dissolve the financial supermarket and the immeadiate goal is to stabilize the company.

Executive changes & profiles, Industry Overview, Officials and employees, Appointments, resignations and dismissals, Mack, John

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Morgan Stanley's earnings slide 83% on charges

Article Abstract:

Morgan Stanley of the United States posted a loss of 83 percent for 3rd quarter earnings, although net income rose 36 percent to $1.2 billion. The losses are due to a management upheaval concerning charges for an aircraft company sale and changes to executive compensation packages.

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Morgan Stanley net rises 70 percent helped by higher trading volumes

Article Abstract:

Morgan Stanley of the United States posted stellar increases in net profit by 70 percent for the first quarter to $2.67 billion from $1.57 billion last year. Strong revenues at the securities giant were due to increased trading volumes particularly from residential mortgages.

Company overview, Financial report

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