The Federal Reserve is probing Morgan Stanley's (MS) wealth management division to check how it handles foreign clients.
The regulator is looking into whether the bank has sufficient controls in place to prevent rich foreign customers from laundering money, according to the Journal.
Morgan Stanley's Q3 financial results showed a decrease in wealth management revenue but higher margins. The bank only needed 6% of its net income to cover preferred dividends, indicating strong cover
Recently, Zacks.com users have been paying close attention to Morgan Stanley (MS). This makes it worthwhile to examine what the stock has in store.
Gold remains a universally acknowledged ‘safe haven' for investors during times of rising geopolitical tension, and recent research suggests now could be the time to invest.   “At times of safe
The market slide continues in October with the SPDR S&P 500 Trust ETF dropping by 2.17%, marking three consecutive months of losses for the fund. The top 10 stocks on the watchlist for November 2023 o
Bank stocks continue to be under pressure, with the shares of many lenders now at a 52-week low. The Standards and Practices (S&P) Banks Index is currently down 22% versus a year-to-date gain of 10% i
I read a recent Barron's article about some of the reasons high-yielding dividend stocks could rebound.  Barron's noted BMO Chief Investment Strategist Brian Belski comments that there's been indiscr
Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before
Morgan Stanley's decision to award $20 million special bonuses to its runners-up for chief executive officer points to a governance risk, raising questions about their commitment to the company, accor
Morgan Stanley is reportedly giving the three contenders floated as outgoing boss James Gorman's successor special bonuses worth a whopping $20 million each — including Ted Pick, who was officially
Morgan Stanley MS, -2.34% is offering two tranches of bonds as the latest in a series of debt deals from big banks, according to a filing. Morgan Stanley plans to sell global medium-term notes, Series
The CEO built the right bank for the years of low rates. How will his successor cope with the potential end of that era?
Lisa Shalett, CIO at Morgan Stanley Wealth Management, expects stocks to continue to trade “in this bear market range” until the middle of next year. She speaks with Lisa Abramowicz on “Bloomber
Ted Pick, the financier named chief executive of the Wall Street giant on Thursday, is the “exact opposite” of outgoing CEO James Gorman, according to the insider.
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