Wells Fargo CEO Charles Scharf said when he took over the top job in 2019 that his "first priority" was to clean up the bank's many messes. He is making progress — but still has more to do.
(Bloomberg) -- A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of the social media platform X, according to people with knowledge of the matter. Most Read from BloombergSupreme Court Rules Trump Can Appear on Presidential BallotsAmerica Blew Almost $2 Trillion. Make It Stop.Wall Street’s DEI Retreat Has Officially BegunChina Scraps Premier Li's Briefin
NEW YORK & PALO ALTO, Calif., March 04, 2024--Morgan Stanley Wealth Management announced today the launch of its Private Markets Transaction Desk, a concierge service that empowers eligible shareholders and investors to buy and sell eligible private company shares in the secondary market. The offering is part of Morgan Stanley’s broader Private Markets ecosystem that provides a unique suite of solutions for companies, employees and investors to serve a diversity of client needs.