Topic: Morgan Stanley
Wells Fargo to poach, train 1,400 brokers this year
Reuters US Online Report Business News
NEW YORK (Reuters) - Wells Fargo & Co's <WFC.N> brokerage expects to add more than 1,400 financial advisers this year through a combination of poaching from rivals and training rookie brokers. Wells Fargo Advisors, comprising the combination of A.G Edwards, Wachovia Securities and Wells Fargo ...
Morgan Stanley says to hire several hundred traders: report
Reuters US Online Report Business News
LONDON (Reuters) - Morgan Stanley <MS.N> plans to hire several hundred traders over the next few years to boost its underperforming securities business, new boss James Gorman said in an interview with the Financial Times. The U.S. investment bank's sales and trading unit had failed to ...
American Express CEO gets base pay jump
Reuters US Online Report Business News
NEW YORK (Reuters) - American Express Co <AXP.N> raised Chief Executive Kenneth Chenault's base pay by 60 percent to $2 million for 2010, in the latest instance of Wall Street firms boosting regular executive compensation while cutting bonuses. Banks have made similar moves to increase base pay ...
Schwab says "breakaway broker" trend has legs
Reuters US Online Report Business News
CHARLOTTE, North Carolina (Reuters) - Charles Schwab Corp <SCHW.O> added a record number of wealth adviser teams as clients last year, benefiting from a wave of "breakaway brokers" leaving traditional firms to launch their own shops. And while the biggest Wall Street firms contend the pace of departures ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
