Disney Announces Leadership Changes Amid Industry Challenges
Disney is set for major leadership changes as it appoints Morgan Stanley CEO James Gorman as its new board chair in 2025. This transition, marking the fourth in three years, comes amid challenges in the media industry. Gorman’s leadership will focus on finding a new CEO to replace Bob Iger, while navigating the evolving landscape of streaming and declining traditional viewership. As Disney aims to adapt and innovate, the decisions made during this transition will be crucial for the company’s future.
WestBridge Capital divests stake in IndiaMART InterMESH, Rajat Agrawal sells Gravita India shares
WestBridge Capital divests 1.2% stake in IndiaMART InterMESH for Rs 190 crore through open market transactions. Rajat Agrawal sells 2% stake in Gravita India for Rs 191 crore. Significant movements in the Indian market observed.
E*TRADE Unveils Monthly Sector Rotation Study
E*TRADE from Morgan Stanley unveils its monthly sector rotation study, providing insights into S&P 500 sectors. As a financial services provider, E*TRADE offers a range of securities products and services. Investors can access valuable resources on www.etrade.com to enhance their understanding of the financial landscape.
US Regulators Join Probe into Morgan Stanley’s Wealth Management Division
US regulators have joined the ongoing probe into Morgan Stanley’s wealth management division, reflecting increased scrutiny in the financial services industry. The involvement of additional US regulators underscores the focus on potential misconduct and compliance issues within the sector, highlighting the heightened scrutiny faced by major financial institutions. The probe is expected to shed light on the regulatory landscape governing wealth management activities and may have broader implications for industry practices.