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Morgan Stanley Gets Entrepreneurial To Avoid Defections

Bloomberg reports that Morgan Stanley is offering its top bankers and traders millions in incentives to stay at the firm. When John Mack returned to Morgan Stanley as CEO 15 months or so ago, perhaps his most important task was to stem the flow of talent out of the firm. That he did, but he clearly wants to make sure that this problem does not resurface.

Hotel Competition - The Result

And on offer to the winner of this month's Best Loved Hotels Hotels Quiz was a two night stay for two (including breakfast and dinner on one of the days) at the fabulous Lords of the Manor hotel in the Cotswolds.