MORGAN STANLEY files DEFA14A

Morgan Stanley's Board of Directors recommends shareholders vote FOR three management proposals: approving named executive officer compensation, electing all director nominees, and ratifying Deloitte & Touche LLP as the independent auditor. The Board recommends AGAINST a shareholder proposal for an independent board chairman. The company reported strong performance in 2025, including "Net Revenues of $70.6Bn" and "ROTCE of 21.6%".