Hints and tips:
Related Special Reports
...Rival Morgan Stanley reported that the mean pay gap at its main UK subsidiary edged lower in 2023 to 48 per cent from 48.8 per cent....
...There is a single full-time trader on the hedge fund side, Courtney Dunlevie, previously of Commonstock and Morgan Stanley....
...Morgan Stanley, the largest lender on the deal, in January disclosed $356mn in mark to market losses on corporate loans it planned to sell and loan hedges....
...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....
...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....
...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, the OCC, the SEC, the Treasury and the Fed declined to comment....
...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....
...Morgan Stanley paid James Gorman $37mn in 2023 for his final 12 months as chief executive of the Wall Street firm, a 17.5 per cent increase despite the bank reporting lower profits last year....
...In 2023, Morgan Stanley’s net profits fell 18 per cent to $9.1bn, the lowest in four years....
...Morgan Stanley profits fell by almost one-third in the final quarter of last year, a bigger than expected drop brought on in part by rising costs in its wealth management unit....
...Goldman and Morgan Stanley declined to comment....
...“[W]hile many factors weighed in Morgan Stanley’s favour, including extraordinary co-operation and remediation, the misconduct was not uncovered and voluntarily disclosed,” said Damian Williams, the US attorney...
...Shares in Morgan Stanley were trading down nearly 4 per cent by midday in New York....
...Shares in Goldman rose 0.7 per cent on Tuesday, while those of Morgan Stanley fell 4.2 per cent....
...Bank of America, Goldman Sachs and Morgan Stanley report results early next week. Additional reporting by Harriet Clarfelt...
...Morgan Stanley will pay $249mn to settle fraud charges with US regulators over the disclosure of confidential information about the sale of large quantities of stock, known as block trades....
...Goldman Sachs publishes results on April 15 while Morgan Stanley and BofA will do the same the following day....
...Honestly though, what the hell Franklin? Really?...
International Edition