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 ...
Morgan Stanley kept Apple as its "Top Pick" for 2025 as the bank sees the tech giant's artificial intelligence (AI) product ...
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 ...