Displaying 740 results
Wells Fargo analyst questions Morgan Stanley’s $20M bonuses
Mike Mayo says the payouts to three senior leaders suggest governance risk.
Morgan Stanley names new CEO, head of wealth and more
2024 will bring a fresh look to the wirehouse's leadership.
Morgan Stanley sees Q3 profit slide on investment bank slowdown
Revenue from the fixed-income trading business slumped 11% and, along with muted fees from dealmaking, caused a drop in net income.
In CEO race, Morgan Stanley hopes for drama-free handoff
Outgoing CEO Gorman wants an outcome in which the rejected finalists stay with the firm.
LPL, Ameriprise wade into AI applications for advisors
'When I left Ameriprise earlier this year, the company was just starting to talk about AI,' one financial advisor said.
Morgan Stanley files for next round of ETFs
The firm is launching three fixed-income exchange-traded funds bearing the Eaton Vance name, in addition to a Parametric ETF.
Can Goldman Sachs and Citigroup catch up on hiring advisors?
Both banks have recently signaled their interest in bolstering their wealth management operations, but they can't snap their fingers and conjure financial advisors from thin air.
First Republic gets $30 billion in fresh deposits in bank rescue
The plan, which the banks devised with US regulators, is meant to stave off a widening panic in the wake of regulators' seizure of Silicon Valley Bank and Signature Bank over the past week.
Major banks in talks to deposit up to $30 billion with First Republic
JPMorgan, Citigroup and Bank of America are among the big banks that are part of the discussion. Details of the rescue may be announced as soon as Thursday.
Morgan Stanley’s ETF debut strikes chord with fees, tests market with ESG focus
Nearly a year after it announced plans to enter the ETF space, the wirehouse is banking on its Calvert brand to carry the day.
Big firms propelled soaring profits for RIAs in 2021
The high profitability seen last year proved especially rewarding to the owners and partners of top firms.
Fintech Bytes: Morgan Stanley AI, Docupace hires Lori Hardwick, and Franklin Templeton integrates LifeYield
Here are some of the other fintech headlines you may have missed this week.
Morgan Stanley CEO hints at job cuts
The firm is assessing its head count, CEO James Gorman suggested on an earnings conference call.
Wall Street banks hire WhatsApp cops after being hit with big fines
In court documents, the SEC described at least a few senior managers at each firm who engaged in rampant texting with colleagues and clients.
Morgan Stanley counting fresh assets in the trillions
After its spate of acquisitions, Morgan Stanley now has relationships with 16.5 million clients, Andy Saperstein, its head of wealth management, points out.
Morgan Stanley adviser managing $185 million joins Ameriprise
Kim Garrison is moving to the firm's employee channel in Springfield, Missouri.
Eric Heaton joins Rockefeller to head strategy
The former Morgan Stanley executive will expand the firm's product offerings.
Morgan Stanley adds fractional share support to workplace stock plans
The wirehouse is also adding additional automation to its Shareworks and Equity Edge Online platforms.
Morgan Stanley files to offer its own ETFs
Decades after coining the term 'exchange-traded fund,' the firm plans to offer four socially conscious funds under the Calvert label.
Wealthfront tops ranking of robos amid 2022 volatility
The two first quarters of this year showed some robos to be particularly resilient, according to the latest Robo Report from Condor Capital Wealth Management.