Morgan Stanley's chairman selection process has been disrupted, with a key deal being blocked. The company is expected to announce its new chairman soon. In related news, Tapestry Inc., the parent company of Coach and Kate Spade, has seen its deal being halted.

Source: https://www.bloomberg.com/news/audio/2024-10-24/tapestry-deal-blocked-pick-to-be-morgan-stanley-chairman-more