Morgan Stanley

James Gorman has set his firm a big new target and hinted at another. The Morgan Stanley boss on Wednesday outlined fresh long-term goals including an ambition to grow the Wall Street firm’s client investments to $10 trillion, from $6.5 trillion today. Gorman has touted...

Wall Street banks are expecting trading revenue to settle at a "new normal" somewhere between pre-pandemic levels and the highs of the past two years, top executives and analysts say.

Morgan Stanley on Wednesday reported higher fourth-quarter profit, as the Wall Street investment bank capitalized on a boom in mergers and acquisitions and generated robust fees from advising on deals.

Morgan Stanley will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of the matter said, with a dealmaking boom to usher in bumper payouts by banks this year.

Morgan Stanley will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of the matter said, with a dealmaking boom set to usher in bumper payouts by banks this year.

U.S. financial investor Cerberus, which has favoured a merger of Deutsche Bank and Commerzbank in the past, on Monday divested a large chunk of its holdings in the two top German lenders, the bank running the sale said.

Social media platform Reddit Inc, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs Group for its initial public offering, a source familiar with the matter told Reuters on Friday.

Social media platform Reddit Inc, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Goldman Sachs Group and Morgan Stanley for its initial public offering, Bloomberg News reported on Friday, citing people familiar with...

Morgan Stanley agreed to pay $60 million to settle a lawsuit by customers who said the Wall Street bank exposed their personal data when it twice failed to properly retire some of its older information technology.

Morgan Stanley agreed to pay $60 million to settle a lawsuit by customers who said the Wall Street bank exposed their personal data when it twice failed to properly retire some of its older information technology.

Morgan Stanley is set to increase its stake in its brokerage joint venture in China by 4.06% to 94%, an exchange filing showed on Wednesday, putting it on track to take full ownership of the business.

Morgan Stanley has increased parental leave in a major overhaul of employee benefits aimed at easing the strain on its workers, according to an internal memo seen by Reuters on Thursday, as major Wall Street banks battle for talent.

Investors are pricing in a quicker end to the Federal Reserve's bond-buying scheme ahead of the central bank's policy decision on Wednesday, positioning for multiple rate increases over the next few years.

U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron variant, with Jefferies Financial Group last week reversing course due to a COVID...

Asset management firm Fidelity Investments on Monday said it had paused some voluntary return-to-office plans while Morgan Stanley's CEO said he expects COVID-19 to be an issue through the next year, in a further sign that America's financial industry is rethinking its return...

Morgan Stanley on Monday cut its first quarter 2022 Brent crude price forecast to $82.50 per barrel from $95 on market expectations that the Omicron coronavirus variant could turn into a major headwind for oil demand.

Morgan Stanley has appointed Amy Oldenburg as head of emerging markets equity at its investment management business, replacing Ruchir Sharma who is leaving after a 25-year stint at the bank, according to an internal memo seen by Reuters.

Morgan Stanley has appointed Amy Oldenburg as head of emerging markets equity, replacing Ruchir Sharma who is retiring after a 25-year stint at the bank, according to an internal memo seen by Reuters.

Dubai Holding, the investment vehicle of Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, is weighing an initial public offering of business park operator TECOM Group, three sources told Reuters. U.S. investment banks Morgan Stanley and Goldman Sachs and Swiss bank UBS...