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Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
Bank of America's (BAC) CEO expects trading and IB revenues to be flat in second-quarter 2023. Loan growth will likely be less than expected.
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
Morgan Stanley (MS) expects its trading and investment banking revenues to slump in the second quarter amid a challenging economic environment.
NEW YORK, May 31, 2023--Investment funds managed by Morgan Stanley Private Equity Secondaries and Clairvest Group (Clairvest) announced today the completion of a growth equity investment in Top Aces alongside Top Aces’ other shareholders, which includes global investment group CDPQ.
Morgan Stanley (MS) closed the most recent trading day at $83.42, moving -0.57% from the previous trading session.
Morgan Stanley (MS) receives permission from the CSRC to set up a futures company in China.
Zacks.com users have recently been watching Morgan Stanley (MS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Over an Italian dinner at Elio’s on New York’s Upper East Side two years ago, Ted Pick and Andy Saperstein promised each other that a brewing succession battle at Morgan Stanley would not devolve into the kind of back-stabbing common at other banks. Colleagues for 15 years, they had just been promoted to co-presidents, marking them out as leading contenders to eventually take over one of Wall Street’s biggest jobs from long-serving chief executive James Gorman.
Morgan Stanley (MS) closed the most recent trading day at $81.22, moving -1.72% from the previous trading session.
NEW YORK, May 24, 2023--Morgan Stanley at Work released today the latest findings from its third annual State of the Workplace Financial Benefits Study:
Based on the average brokerage recommendation (ABR), Morgan Stanley (MS) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
NEW YORK, May 23, 2023--Morgan Stanley (NYSE: MS) today announced the winners of this year’s Strategy Challenge, the Firm’s flagship pro bono program, which brings together rising talent to help nonprofit organizations solve strategic, mission-critical challenges. Winning teams supported Meeting Essential Needs with Dignity, Inc. (MEND) and Leonard Cheshire, in the U.S. and the U.K. respectively.
DirectBooks announced today that BMO Capital Markets, Blaylock Van, and American Veterans Group have joined the platform. These recent additions increase the total number of underwriters on DirectBooks to 31, including 5 diversity underwriting firms, and complements a community of more than 375 institutional investors. The core offering now consists of Investment Grade, Emerging Markets, High Yield, and Sovereigns, Supranationals & Agencies (SSAs) issuances across USD, EUR and GBP markets.
After a 13-year run, Morgan Stanley's (MS) James Gorman is set to step down as the CEO in the next year.
The Yahoo Finance Live team discusses Morgan Stanley CEO James Gorman announcing his plan to step down as CEO within the next year, the company's stock movement, and Gorman's impact at the company.
Yahoo Finance Live anchor Diane King Hall reports on the decline in Morgan Stanley shares after current CEO James Gorman announced he is stepping down within the next year, plus the top contenders to replace him.
Morgan Stanley (MS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Morgan Stanley CEO James Gorman, one of the longest-tenured chief executives on Wall Street, will be leaving the firm within the next year, he said on Friday.
Semafor Finance Reporter Bradley Saacks joins the Live Show to discuss Morgan Stanley CEO James Gorman stepping down from his position within one year, the debt ceiling deal, and how a potential default may impact investors.
The Yahoo Finance Live team breaks down the rise in regional bank stocks, Morgan Stanley CEO stepping down within the next year, and the company's stock movement.
Investing.com -- Stocks gave up earlier gains and turned negative after reports talks over raising the debt ceiling were put on hold, killing optimism that a deal could get done this weekend. Here are the market movers for May 19.
Yahoo Finance Live breaks down the news of Morgan Stanley CEO James Gorman's plans to step down as within the next year, featuring comments from ProShares Global Investment Strategist Simeon Hyman.
Goldman Sachs, Morgan Stanley and JPMorgan, among other Wall Street firms, realize that China's markets are no longer as lucrative as expected.