Andy Saperstein, Ted Pick and Dan Simkowitz are thought to be executives in the running to succeed James Gorman, who says he will step down in the next 12 months.
Gorman, who transformed Morgan Stanley after it nearly collapsed during the global financial crisis, will assume the role of executive chairman after exiting as chief executive.
The watchdog agency teed up a sweeping proposal in March 2022 intended to standardize the types of disclosures public companies make about greenhouse gas reduction goals.
The agreement would move efforts forward on calculating and disclosing the carbon footprints of the industry’s capital-markets operations.
But the bank warns that it faces billions in potential costs, including about $13 billion in markdowns on Credit Suisse assets and up to $4 billion in legal costs.
The shareholder suit accused the bank of making misleading statements about its compliance with federal consent orders following its 2016 scandal related to unauthorized customer accounts.
Plaintiffs claim the three pension funds breached their fiduciary duty when they sold roughly $4 billion in fossil-fuel investments in 2021.
The economist and writer, who's chief investment officer at robo-advisor Wealthfront, advocates using direct indexing to harvest tax losses.
The transaction allows CI to pay down some of the debt it accumulated as it acquired wealth management firms across the US.
Mentions of employee benefits in job postings on a recruiting website have soared to the highest rates on record, with one in four jobs now offering retirement plans.
