James Gorman once set a 20% margin target for Morgan Stanley's wealth management operation — then lowered it. Given the stellar 1Q performance of the unit, maybe he should go back to the original goal.
Choosing between tennis and banking isn't easy but 140 mph serve helps
Judge denies most claims; next stop is Finra arbitration.
A brother and sister team with strong family ties to Salomon Smith Barney have left Morgan Stanley to go indie. The brokerage, said the brother, 'wasn't the same company we grew up with'.
Robert Mulholland has breathed new life into the adviser ranks of UBS since the wirehouse's low point in 2009. It hasn't been easy. | <a href=http://www.investmentnews.com/gallery/20130509/FREE/509009998/PH>How does UBS rate with customers?</a>
Opinion: Facebook flop doesn't look good for Morgan Stanley
Finra chief says fixed income, structured products demand straight talk to clients.
Disclosure could eventually end era of big bonuses, saving firms a bundle
Insiders say board members of the American Securitization Forum are resigning en masse. The reason? A source points to the association's 2010 divorce from SIFMA, which may have created governance issues.
After years of demonization and defections, the Big Four firms are going on the offensive.
Former regional director replaces Chandler, who will run wealth management.
Bank analyst sees wirehouses as big winners in wealth-management industry recovery. Light at the end of the tunnel?
Focus on wealth and asset management paying off as revamp from capital-heavy activities accelerates.
A powerful shareholder thinks UBS should hive off its investment bank. Given the recent stellar performance of the company's wealth management business, this isn't such a whacky idea.
