Morgan Stanley

morganstanleyThe kind you can use to buy stuff today, rather than the look-but-don’t-touch-until-we-tell-you variety the firm was partial to several years back. Read more »

  • 15 Jan 2015 at 11:51 AM

Promotion Watch ’15: Morgan Stanley

jamesgormanA new class of managing directors was anointed this morning, with a congratulatory call from Big Jim. Read more »

Galen MarshIn that conversation, Mr. Marsh conceded he had accessed the client information but maintained that he hadn’t posted any of it online or intended to sell the data, the people said. Morgan Stanley security officials then escorted Mr. Marsh to his home, where they took a computer and storage devices that also held client data. The firm is still investigating how Mr. Marsh allegedly transferred the data to his personal devices, the people said…Mr. Marsh studied at Muhlenberg College, where he played lacrosse and met his wife. He joined Morgan Stanley as a sales assistant in 2008 after spending several months at John Paulson ’s hedge-fund firm and then Bear Stearns Cos., the investment bank that sold itself to J.P. Morgan Chase & Co. during the financial crisis. [WSJ, earlier]

Galen MarshGalen Marsh was once a Morgan Stanley employee, working in wealth management. He became an ex-Morgan Stanley just before the New Year, when the bank discovered that he’d helped himself to information on about 1,000 clients and maybe tried to sell said information online. How is Marsh feeling about the situation right about now? For one, he, via his lawyer, would like to note that despite the clients’ names and phone numbers ending up on a website called Pastebin, he never “tried to sell or post the information online.” He just stole it, okay? And two, he’s just as, if not more gutted over what happened than the victims of his alleged crime. Makes him sick to his stomach. Ill just thinking about it. In fact, you know what? Put him down as a victim, too. He’s pretty much heartbroken. Read more »

morganstanleyApparently this sort of thing is frowned on at the bank. Read more »

  • 08 Dec 2014 at 2:25 PM

Bonus Watch ’14: Morgan Stanley

This could be you.

This could be you.

Exciting news from the House o’ Gorman: employees will get more actual money come bonus time, like the kind you can use, touch, roll around in and less of the kind that’s just sort of theoretical. Read more »

  • 17 Nov 2014 at 10:00 AM
  • Banks

Bonus Watch ’15: Morgan Stanley

Not gonna be happy with this shit.Need a new car? New house? New lung? New wife? Brokers, be warned: You might want to spend your whole bonus next year in one place, but you will not be able to. Read more »