Skip to content

Wall Street Sees Friend in Adams as NYC Mayoral Race Narrows

  • ‘They got someone they can work with,’ Schlosstein says
  • Citigroup investment banking veteran McGuire lags in contest
Video player cover image
NYC Mayoral Primary: Eric Adams Takes Early Lead
Updated on

When Tom Glocer went to bed on Tuesday night in the Hamptons, Morgan Stanley’s lead independent director felt a mix of disappointment and contentment.

He was glum that his fellow Wall Street veteran Ray McGuire “did not pull a miracle royal straight flush,” despite the millions of dollars of support from bankers and executives including him. But he was happy to see Eric Adams, another favorite of the finance industry, zooming toward City Hall.