Morning Coffee: Is this why Morgan Stanley’s suddenly being so generous to its associates? Viral outbreak on the Goldman trading floor

Morning Coffee: Is this why Morgan Stanley’s suddenly being so generous to its associates? Viral outbreak on the Goldman trading floor

Four years is a long time to wait for a salary rise. If you’re an associate at Morgan Stanley, this is how long it’s been. There might’ve been some trivialities here and a few extra dollars there, but it was seemingly 2014 when a large crust last got thrown your way. This is about to change. Bloomberg says you’re about to get lifted by 20-25%.

Before Morgan Stanley’s associates find themselves swept away onto a new and higher plane where they can, for a moment, buy all sorts of stuff that their counterparts at other banks cannot, and are then […]

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