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Morgan Stanley Shareholders Give CEO Gorman A Pass

Morgan Stanley HQ

Even though Morgan Stanley's shareholders have been critical of the company's performance under CEO James Gorman, as well as of his pay package, they gave him a pass on Tuesday during the firm's annual meeting.

Bloomberg CEO: We're Listening To Our Customers


Daniel Doctoroff, the CEO and president of Bloomberg LP, has posted his first blog on the company's web site apologizing to customers and reassuring them that the firm is available to answer concerns following last week's disclosure that Bloomberg reporters accessed information on clients' accounts.

Jamie Dimon - It's Not All About You

Super Dimon

A British pension fund advisor-joining calls for JPMorgan to split the role of chairman and CEO-told CNBC its decision is unaffected by the threat of a possible Jamie Dimon exit. This is "clearly not" a referendum on Dimon's leadership.

Morgan Stanley CEO Gorman Faces Hot Seat

James Gorman Pic

Morgan Stanley Chairman and CEO James Gorman may face some intense questioning Tuesday at the firm's annual meeting in Purchase, NY. The shares are down more than 19 percent since Gorman took the helm in January, 2010.

Can Wall Street Live Without Bloomberg ?

Wall Street Sign

Even if trading firms aren't likely to dump their Bloomberg terminals anytime soon, Wall Street pros say the firm still faces long-term damage to its brand credibility from its privacy breach scandal.

Barclays Wins Dismissal Of U.S. Libor Lawsuit

Barclays Sign

Barclays, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money because of the British bank's activity.