While it is difficult to see colleagues go, please understand that these changes are designed to better position the organization going forward. Other changes will follow in the near future.

Cats are the ultimate narcissists. You can tell this because of all the time they spend on personal grooming. Dogs aren't like this. A dog's idea of personal grooming is to roll in a dead fish.

We are in the business of helping people manage their long-term wealth. Our new name better reflects both our activities and aspirations.

Morgan Stanley is an underleveraged franchise.

Growth generally lagged in Europe, with only two nations - the United Kingdom and Spain - showing growth comparable to the worldwide rate.

I'm married to a health-conscious American. I try to eat well, but definitely, as an Australian, you have some of the red meat, lamb, steak, barbecues as part of your culture.