Morgan Stanley, where three employees lost family members in the Sandy Hook Elementary School shootings, has donated $150,000 to charities honoring the victims.
“No word or deed can right these wrongs or take away our colleagues' suffering â€" but as a firm, we can lend them support,†James Gorman, the company's chairman and chief executive, wrote on Tuesday afternoon in a memo to the staff that was reviewed by The New York Times.
Mary Sherlach, the school psychologist, was married to Bill Sherlach, a financial adviser at the bank. Jack Pinto, 6, was the son of Dean Pinto, a lawyer at Morgan Stanley. Grace McDonnell, 7, was the niece of Paul Minella, who works in the company's capital markets division within Morgan Stanley's wealth management unit.
Last week, a gunman opened fire in the elementary school in Newtown, Conn., killing 20 children and six adults. He then shot himself. The gunman killed his mother at their home before he went to the school . The massacre has spurred a national call for greater gun control.
In addition, the spouses of two Morgan Stanley employees were teachers at the school but were not injured.
So far, about 1,400 employees of Morgan Stanley have made pledges, contributing just over $1 million to various charities. Mr. Gorman said  the company would match all employee contributions.
This week, Morgan Stanley held a memorial service at its offices in Westchester County, which was attended by Mr. Gorman and other senior Morgan Stanley executives.
This post has been revised to reflect the following correction:
Correction: December 19, 2012
An earlier version of this article misstated some of the details of the school shootings in Newtown, Conn. The shootings took place in several locations within the school, not in one classroom, and the victims included 20 children and seven adults, including the gunman -- not eight adults. An eighth adult v ictim, the gunman's mother, was killed in their home.
