Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
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Morgan Stanley CEO James Gorman Is Playing to Step Down Within 12 Months
Morgan Stanley CEO James Gorman is playing to step down within 12 months. The shares of the immediate popped lower about 1.7%. They've retraced a lot of that down near just six tenths of a percent as people digest the news. Is there a sense of shift within the strategy of this company going forward? Or do you think it's stay the course, keep the homegrown talent, and keep on plugging away?
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