News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Morgan Stanley CEO James Gorman to step down within a year

Gorman has been at the helm of the Wall Street bank for 13 years

Gorman said there are three strong internal contenders to replace him
Gorman said there are three strong internal contenders to replace him Photo: Bloomberg via Getty Images

Sign up to FN's investment banking newsletter here for more

Morgan Stanley chief executive James Gorman said that he plans to step down from the helm of the Wall Street bank within 12 months.

WSJ Logo