Morgan Stanley CEO: too early to consider restarting share buybacks
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NEW YORK (Reuters) - Morgan Stanley's Chief Executive Officer James Gorman told shareholders on Thursday that it is too early for him or anyone on the board of directors to consider reinstating the bank's share buyback program.Morgan Stanley, along with JPMorgan Chase & Co , Bank of America and five others, voluntarily suspended their share repurchases in mid-March to preserve liquidity during the novel coronavirus pandemic to lend to individuals and businesses in need.Gorman, speaking at the..