Morgan Stanley cuts 15% of New York retail brokerage managers

Morgan Stanley cuts 15% of New York retail brokerage managers

Morgan Stanley cut 15% of the senior managers who supervised retail brokerage operations from the company's New York City area headquarters. Brokerage chief James P. Gorman also announced a plan to consolidate 61 areas into 23 districts, which also included naming several company veterans as associate division directors.

http://r.smartbrief.com/resp/dogIjjvHhYhdbRTIlz

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