The bank failed to detect “hundreds” of instances when brokers misappropriated client funds through unauthorized Automated ...
Bank Morgan Stanley is cutting about 1,600 jobs or roughly 2% of its global workforce, joining other big banks in making reductions as the economy slows. The news comes after chief executive James ...
Morgan Stanley’s stock (NYSE: MS) gained over 30% year-to-date. This compares to rival Goldman Sachs stock, which has seen ...
The restructuring measure would cut down nearly 13,834 manager jobs by early 2025, saving $2.1 billion to $3.6 billion, Morgan Stanley note said. According to the note, managerial roles are 7 per ...
He spent more than 20 years at Morgan Stanley over the course of his career, with a brief stint at Bank of America Corp. in 2015 before returning to the New York-based investment bank in 2017 ...