Paul Taubman

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Morgan Stanley CEO stock play pays off

James Gorman Pic

When Morgan Stanley’s share price fell to $20 in 2011, the bank’s CEO, James Gorman, and several of his top lieutenants tried to encourage investors by buying up stock with their own money.

Morgan Stanley people news

Morgan Stanley HQ

Morgan Stanley senior investment banker Scott Matlock is retiring from the firm, according to a person with direct knowledge of the situation.

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