Over the past decade, Goldman’s shares have returned less than half of what its rival Morgan Stanley’s have, and have underperformed the market in general. Goldman is supposed to be where all the smart money people are, so this is awkward. Morgan Stanley built a thriving arm managing the assets of the wealthy, which mints reliable profits.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Morgan Stanley (MS) have what it takes? Let's find out.
(Bloomberg) -- Morgan Stanley gained full control of its fund management joint venture in China, joining rival JPMorgan Chase & Co. in buying out local partners to boost their presence in the nation’s 26 trillion yuan ($3.86 trillion) market. Most Read from BloombergWhat You Need to Know About the Suspected Chinese Spy Balloon Floating Over the USUS Weighs Calling Off Blinken Visit to China Over Suspected Spy BalloonMerck Covid Drug Linked to New Virus Mutations, Study SaysUS Postpones Blinken C