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...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....
...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....
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...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....
...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....
...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....
...Chief executive Ed Bastian said the increase in travel demand was “quite a statement, given where we were just a few years ago”....
...The OCC also reportedly sent Morgan Stanley a letter, flagging that additional attention was needed in customer due diligence....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Shares in Chinese battery maker CATL rose as much as 14 per cent on Monday following a Morgan Stanley upgrade....
...The writer is head of thematic research in Europe at Morgan Stanley A meme now circulates on social media: Atlas holding up the globe....
...Morgan Stanley has agreed to stay in its Canary Wharf office for another 14 years in a big boost to the east London financial centre that has been hit by high-profile tenant departures....
...A long avenue of poplars led over a bridge to a cobbled courtyard where a pair of peacocks shrieked and fanned their tails....
...Morgan Stanley is planning to cut hundreds of jobs at its wealth management business in the first major action under new chief executive Ted Pick, said a person familiar with the matter....
...“I’m a victim of Morgan Stanley abuse,” Ashley said, adding that he made a “personal guarantee” to offer “everything” subject to an agreement that the bank would not make similar demands in future....
...As a consequence, United have become “takers, not makers” in the transfer market, with questionable purchases — none more so than the signing of the once great Bastian Schweinsteiger from Bayern Munich who...
...Thomas Nides, a former top Morgan Stanley executive and former US state department official has joined Blackstone Group as its vice chair....
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...“Over his 14-year tenure as CEO and during 2023, Mr Gorman reshaped the firm into a stronger and more balanced institution positioned for long-term growth,” Morgan Stanley said in a regulatory filing on...
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