Stocks in the News: Morgan Stanley, Goldman Sachs, J.P. Morgan

The following is a round-up of news likely to affect stock prices today

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Financial stocks are in focus this morning with a myriad of news coming out of the sector:

Morgan Stanley (MS) may overhaul the way it pays its senior executives, according to a Wall Street Journal report, deferring more of their compensation over time and benchmarking their pay against rival firms. It will also relegate a larger percentage of total compensation to shares rather than cash.