David Solomon defeated a proposal seeking to separate his roles as CEO and chairman of Goldman Sachs, but the measure received double the support it did in 2023.
The move may bring fresh energy and capital into the spot ETFs.
Morgan Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia Chin Chou is retiring, according to an internal memo reviewed by Reuters. Morgan Stanley will carve out a China-focused team from the rest of the region that focuses on investments in onshore and offshore China, according to the memo.