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05

Morgan Stanley Said to Cut Equities Traders’ Bonus Pool Up to 4%

By Tony Seruga

Morgan Stanley, Wall Street’s biggest stock-trading firm by revenue, is cutting its global bonus pool for the equities division by as much as 4 percent after the industry’s results flagged last year, according to people with knowledge of the plans.

The firm, which is set to pay annual bonuses to employees next month, has been fine-tuning calculations for pay packages since November, according to the people, who asked not to be identified describing the deliberations…

Morgan Stanley Said to Cut Equities Traders’ Bonus Pool Up to 4%

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