The deferrals apply to employees who have both total pay of more than $350,000 and bonuses of at least $50,000, said the person, who asked not to be identified because the plans hadn’t been announced. Mark Lake, a spokesman for New York-based Morgan Stanley, declined to comment. Reuters reported on the plan earlier today.
Tuesday, January 15, 2013
Morgan Stanley Said to Defer Bonuses to Top Bankers, Traders - Bloomberg
Morgan Stanley Said to Defer Bonuses to Top Bankers, Traders - Bloomberg
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