Morgan Stanley making 'modest' job cuts across the globe, says CEO

Morgan Stanley making 'modest' job cuts across the globe, says CEO

A pedestrian is reflected in the exterior of Morgan Stanley headquarters in New York, U.S., on Thursday, July 12, 2018. Photographer: Bess Adler/Bloomberg

Morgan Stanley is making modest job cuts across the globe, Chief Executive Officer James Gorman said, as Wall Street comes under pressure with dealmaking slowing down.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter