Morgan Stanley’s (MS) CEO Had This To Say About Trump’s Immigration Ban
President Trump signed an executive order last Friday that barred people from seven majority-Muslim countries from entering the United States. The countries are Iraq, Iran, Somalia, Libya, Sudan, and Syria.
Originally the agreement even included those who had green cards, but the White House later exempted those individuals from the ban.
Morgan Stanley CEO James Gorman commented, “We are concerned for those individuals and their families who could be impacted and will provide them support as needed.”
“Continuing to draw on talent from across the globe is a key element of Morgan Stanley’s culture.”
Gorman said no Morgan Stanley employees had been affected by the ban to date.
His memo read:
“We are closely monitoring developments around the new U.S. travel restrictions imposed this weekend. While no individual employees were impacted in their travel to date, we are concerned for those individuals and their families who could be impacted and will provide them support as needed.
Any employee who has questions about upcoming travel should contact the Global Travel and Security teams at [+++++++]
We value immensely the contribution of all our employees from all over the world. Continuing to draw on talent from across the globe is a key element of Morgan Stanley’s culture and ultimately to our success in serving our clients.”
Disclaimer: We have no position in American Morgan Stanley (NYSE: MS) and have not been compensated for this article.