Morgan Stanley Said to Reduce Senior Banker Pay 20% to 30% – BusinessWeek
 Financial Times |
Morgan Stanley Said to Reduce Senior Banker Pay 20% to 30%
BusinessWeek Jan. 19 (Bloomberg) — Morgan Stanley is reducing pay for senior investment bankers and traders by an average of 20 percent to 30 percent for 2011 as it seeks to curb mounting compensation costs, people with knowledge of the decision said. … Merrill, Morgan Stanley brokerage results sag Morgan Stanley posts loss on MBIA settlement, but it's narrower than analysts … Stock Futures Rise on Bank Earnings, US Data |
