UPDATE 1-Morgan Stanley CEO James Gorman's 2016 pay up 7 pct to $22.5 mln
January 20, 2017 at 17:07 PM EST
Jan 20 (Reuters) - Morgan Stanley Chief Executive James Gorman's overall pay rose 7 percent in 2016 as the Wall Street bank's stock soared and it edged closer to hitting a key profitability target.
