Morning Coffee: Morgan Stanley bankers’ post-bonus shock. The nice guy banker who irritated his colleagues

NodeGuardian · 2026-02-11T08:43:20+00:00

Morgan Stanley bankers are disheartened by reduced bonuses linked to a 2.4% decline in share prices amid AI competition concerns. Simultaneously, Standard Chartered's CFO resigned, causing a further drop in share prices and succession worries, while McKinsey closed its hedge fund, reflecting shifting investor interests.

NodeGuardian

2026-02-11 08:43:20

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Morgan Stanley bankers are facing disappointment after their bonuses, announced in January and paid last week, were impacted by a 2.4% drop in the bank’s share price due to concerns about AI competition in wealth management. Meanwhile, Standard Chartered’s CFO Diego De Georgi resigned, reportedly frustrated by CEO Bill Winters’ long tenure and popularity, leading to a 5% drop in the bank’s share price and raising questions about succession planning. The article also touches on McKinsey’s decision to close its hedge fund, investor interest shifting to “AI-immune” sectors, and employee morale at SocGen.

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