James Gorman, the CEO of Morgan Stanley, said that he personally invest in municipal bonds, a biotech firm and for his children's accounts,in global equities.
People
Gerhard Cromme to quit Axel Springer board- magazine
A business magazine reported that Gerhard Cromme would leave the board of Axel Springer to concentrate on his role at Siemens.
The main protagonists in the latest German elections
Germany's new leaders after its recent elections would reflect the future of not only the country but of the EU as well.
Merkel headed for narrow victory
The latest German elections predicts a win for Chancellor Merkel with a slim margin. German Chancellor Angela Merkel, according to pollwatchers, would most likely win but had to fight to the last vote to keep her majority in the German parliamentary elections.
Former Amazon CFO Joy Covey dies in bicycling accident
Joy Covey, Amazon's former CFO, has passed away. The former Chief Financial Officer of Amazon was killed while riding her bicycle on Wednesday afternoon.
Latest News
According to a report by The Economic Times, the exterior of the new iPhones were not entirely different from last year's iPhone 5 release.
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
Electronic Arts Inc. named Andre Wilson as new CEO after a six month search to fill the vacant position.
DE Mastre Blenders said it would appoint Pierre Laubies as the new CEO of the company once the acquisition deal with Joh A. Benckiser was completed.
Former Chief Customer Officer of Yammer David Obrand has been appointed by FuzeBox as its new Chief Executive Officer, replacing founder and former CEO Jeff Cavins.
Sun Capital Partners, headed by Marc Leder, was reportedly interested in placing a bid on The Jones Group's department stores.
Danske Bank A/S Chairman Ole Andersen said in an interview with Reuters that the bank has been doing its best to improve its credit ratings, including replacing its former CEO with one who is well-versed in banking.
Hudson's Bay Co. announced naming Marigay McKee to be the president of the US luxury retailer Saks Inc. after the acquisition deal was completed.
Javier Martin-Artajo and Julien Grout along with other unnamed co-conspirators were indicted of five criminal counts for allegedly hiding trading losses valued USD6.2 billion.
