Move over Jamie Dimon. Wall Street has a new banking king.
The New York Post reports that a leading analyst anointed Morgan Stanley’s chief executive as the new leader of Wall Street on Friday following a gangbusters quarter — calling an end to the longtime reign of Dimon at JPMorgan Chase.
“There is simply no CEO in the financial industry better than James Gorman,” Dick Bove, an outspoken analyst at Rafferty Capital Markets, gushed in a Friday letter about the Morgan Stanley chief executive.
“There is actually no one in his industry that has achieved more than he has,” Bove added.
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