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...US financial services giant Charles Schwab is “closely” watching the UK regulatory landscape in the hope of distributing its US-domiciled exchange traded funds into the market later this year....
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...Kelleher, a veteran of Morgan Stanley, will be watching if UBS can compete with his former bank and the industry leader in wealth management....
...“Too many client relationships are [based on single] products and not necessarily priced in the right way,” Ermotti said at a Morgan Stanley event last week....
...Three more US regulators have opened investigations into how Morgan Stanley’s wealth management division handles potentially risky clients, according to a person familiar with the matter....
...Written by Charles Hart, lyricist of the Andrew Lloyd Webber juggernaut Phantom of the Opera, the text is awkward and effortful, contorting in pursuit of rhymes and puns throughout....
...A memoir from Charles Spencer, brother of Diana, the late Princess of Wales, offers a different context for the discussion....
...Morgan Stanley said net income in the first quarter was $3.4bn, up from $3bn a year earlier, beating analysts’ estimates for $2.7bn, according to forecasts compiled by Bloomberg....
...King Charles III has been diagnosed with a form of cancer, Buckingham Palace said on Monday....
...In a proxy filing on Friday, Morgan Stanley said it was nominating Butler, 59, to its board during a shareholder vote at its annual general meeting on May 23....
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...The OCC also reportedly sent Morgan Stanley a letter, flagging that additional attention was needed in customer due diligence....
...King Charles acceded to the throne in September 2022 at the age of 73 after the death of his mother Queen Elizabeth II. He had been heir apparent for a record 70 years....
...He presented the Morgan with a portfolio of 63 studies that come together, supplemented by a few of his huge, hyper-realistic watercolours, in a crackling composite portrait of the artist’s mind, Walton...
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Morgan Stanley has set a long-term goal of amassing more than $10tn in client assets. Morgan Stanley’s stock closed up 2.5 per cent on Tuesday....
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...Shares in Chinese battery maker CATL rose as much as 14 per cent on Monday following a Morgan Stanley upgrade....
...A CIA operative recruits a candidate by sharing his own anxieties; a jury debates a tricky case; Nasa learns to screen for emotional intelligence . . . it’s all a bit paint-by-numbers....
...Charles Schwab reported a full-year net income drop of 29 per cent last year, as the rush of clients chasing higher interest rates hit in the first half of 2023 hit profits....
...Yes, it is a liberty, but it is one that lends the work potency and passion, and, as a programme note from historian Ashley Douglas observes, is not entirely without precedent....
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