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Morgan Stanley reported better than expected first quarter earnings before the bell Wednesday despite much lower-than-expected revenue from investment
[See the full post at: Morgan Stanley Wealth Management Revenue Rose 11% While Investment Banking Revenue Fell 24%]
Morgan Stanley CEO James Gorman is expected to step aside as CEO within the next 12 months.
Mr. Gorman will become executive Chairman when they pick a successor, according to CNBC.
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