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Ruth Porat

Mark Gongloff

Rumored Obama Treasury Pick Lobbied For Morgan Stanley | Mark Gongloff | Posted 01.15.2013 | Business

President Obama's pick to run the Treasury Department isn't much of a financial reformer. And it looks like his potential pick for Treasury's No. 2 sp...

Bonnie Kavoussi

Morgan Stanley CFO: Raise Taxes On The Rich | Bonnie Kavoussi | Posted 12.04.2011 | Business

The movement to raise taxes on the wealthiest Americans has gained an ally at the top of one of the United States' largest banks. Ruth Porat, executiv...

Banks Set To Cut Spending, Staffing Due To Regulations, Weaker Markets

Posted 08.17.2011 | Business

NEW YORK (Knut Engelmann) - Traditionally fat expense accounts on Wall Street are about to get slashed as major banks set out to cut spending and staf...