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Published on 26 Oct 2023 on Market Watch

Morgan Stanley’s new CEO Ted Pick has ‘big shoes to fill’ as he faces challenging markets, analyst...


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Ted Pick, Morgan Stanley’s incoming chief executive, faces multiple challenges — including having a tough act to follow in James Gorman — as one of the largest U.S. banks carries out a closely watched leadership change.

That’s one main thought from Wells Fargo analyst Mike Mayo after Morgan Stanley on Wednesday , who becomes the Wall Street bank’s executive chair.

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