Morgan Stanley Set To Trim Executive Pay

Morgan Stanley has told executives to budget some 10% to 25% less for bonuses this year as the securities firm tries to put a tight lid on pay while wrestling with turbulent market conditions and the company's makeover, according to a person familiar with the situation. Click here for the complete Wall Street Journal article.

Comments

Oh that was a bit bad news for the executives, I think they should work harder next time to improve the market. - KSA Kosher

This was ever proven for more changes happen in all the lines up on the market to be allowed on different stages. - Click Here