Trying to rein in costs while stemming defections, Morgan Stanley (MS) rejiggers brokers'...

|About: Morgan Stanley (MS)|By:, SA News Editor

Trying to rein in costs while stemming defections, Morgan Stanley (MS) rejiggers brokers' bonuses, aiming them more at those with the most revenue growth. "There remains a lot of pressure from a recruiting standpoint," says Greg Fleming, the head of wealth management.