
Morgan Stanley cutting hundreds of wealth-management jobs
Morgan Stanley is cutting hundreds of wealth-management positions, including some managing directors, in one of new Chief Executive Ted Pick's first major moves since taking over six weeks ago, acc...

Morgan Stanley Is Laying Off Several Hundred in Wealth-Management Division
Morgan Stanley plans to cut several hundred jobs in its wealth-management division as new Chief Executive Ted Pick seeks to rein in costs in an area that is critical to the Wall Street firm's succe...

German office values tumble as problems deepen for banks
Short-sellers are stacking up to bet against troubled German bank Deutsche Pfandbriefbank (PBB) over worries about its exposure to US commercial property. Almost 8% of the company's shares were bei...

Morgan Stanley's Fee-Based Growth Makes Shares Attractive
Morgan Stanley's stock performance has been poor over the past year but has returned about 19% since my buy recommendation. The company's recent earnings report caused a pullback in shares, but exc...

AI sector is on course to use as much electricity as Spain by 2027, new report warns
The fast-paced growth of the generative artificial intelligence (AI) sector has put it on course to start consuming the same amount of electricity each year by 2027 as was used by the entirety of S...

Morgan Stanley pays James Gorman $37 million out of a potential $40 million for 2023
Morgan Stanley's James P. Gorman has been awarded $37 million — near the top of the $20 million to $40 million range set the by bank's board of directors — for his performance as chief executive of...

Morgan Stanley paid James Gorman $37M in last year as CEO
Morgan Stanley's board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank's chief executive $37 million. On top of his $1.

Morgan Stanley's Gorman awarded 17% pay bump to $37 million in last year as CEO - filing
Morgan Stanley executive chairman and former CEO James Gorman's compensation rose 17% to $37 million for 2023, the bank said in a filing on Friday.

How U.S. Investors Should Navigate the Global Growth Slowdown
As the world approaches the midway point of a transformative decade, the World Bank's Global Economic Prospects report reveals the slowest half-decade of GDP growth in 30 years by the end of 2024. ...

Morgan Stanley appoints Vince Lumia as head of wealth management client segments
Morgan Stanley apponted Vince Lumia as the head of a new division overseeing wealth client segments, according to a memo seen by Reuters.

Yes, Morgan Stanley can hit a record-high this year
Morgan Stanley's NYSE: MS Q4 results were mixed relative to the analysts' estimates but give no reason to fear a stock price correction. The stock price may move lower before it moves higher, and t...

Here's why Stephanie Link trimmed Morgan Stanley and Bank of America
The Market is red across the board. The Investment Committee searches for opportunities and debates whether the bull case for stocks is still intact.

Hightower's Stephanie Link trims Morgan Stanley and Bank of America
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to share her latest bank trades.

Morgan Stanley Warns of Lower Margins in Wealth Business
Morgan Stanley's shares dropped the most in three months as its traders fell short of expectations and executives said lower wealth-management margins may stick around. Bloomberg's Sonali Basak rep...

Morgan Stanley (MS) Q4 Earnings Beat, Provisions Decline Y/Y
Morgan Stanley (MS) records a decline in net interest income and higher expenses in the fourth quarter of 2023.
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