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Morgan Stanley CEO of 13 Years James Gorman to Step Down

Gorman helped lead the company out of the 2008 financial crisis. Since he became CEO, Morgan Stanley has acquired E-Trade and Eaton Vance. ....

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Morgan Stanley Selects 10 Companies for Inaugural Global Cohort of the Multicultural Innovation Lab

The Fall 2022 Multicultural Innovation Lab (MCIL) cohort includes the following companies that have innovative strategies across sectors such as education, energy, food and beverage, healthcare, ....

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Carla Harris Is Stepping Down as Morgan Stanley Vice Chair

Harris, 59, had been chair of the Morgan Stanley Foundation from 2005 to 2014. She will be a senior client advisor. ....

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Morgan Stanley Selects 11 Startups For 5th Cohort Of Multicultural Innovation Lab Supporting Diverse Founders

Morgan Stanley Selects 11 Startups For 5th Cohort Of Multicultural Innovation Lab Supporting Diverse Founders
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Morgan Stanley's Carla Harris: Social Unrest Is Prompting Big VC Firms To Invest In Women and Multicultural Entrepreneurs

Carla Harris (Photo courtesy of Morgan Stanley)
Big American venture capital firms are transitioning from apathy to awareness to action when investing with companies owned by women and multicultural entrepreneurs, a fresh survey by investment banking powerhouse Morgan Stanley reveals.
That crystalized analogy comes from Carla Harris, vice chairman and co-head of the Multicultural Client Strategy Group at Morgan Stanley. She talked with
BLACK ENTERPRISE about her firm’s second annual VC survey. Expressing her optimism with the report, Harris cited how attitudes and actions among 76 U.S.-based venture capital (VC) firms have changed in the last year. She says VCs today have greater willingness to invest with black and other diverse firms, enterprises that have for years and continue to struggle to gain such funding. She acknowledges those firms need capital to grow and boost their market value. ....

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