Thursday's Headlines: Pay of Bank Executives is Under New Pressure
U.S. regulators are again considering whether to require large financial firms to pay executives in the form stock or other deferred compensation instead of up-front cash. [WSJ]
Morgan Stanley replaced JPMorgan as the top banker for equity sales, led by low fees and deals in the U.S., China and Brazil. [Bloomberg]
The number of broker-dealers fell sharply in 2010, with many small and midsize dealers shutting operations. [Investment News]
The Commodity Futures Trading Commission, which will oversee derivatives markets in the U.S., has appointed Andrei Kirilenko its new chief economist. [FT]
