Morgan Stanley

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.

(source: morganstanley.com)

Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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How Banks and Big Tech Use AI to Modernize Workflows
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024  |  artificial intelligence

Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while...

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Morgan Stanley: AI Helps Financial Advisers Save Time, Anticipate Needs
Morgan Stanley: AI Helps Financial Advisers Save Time, Anticipate Needs
June 10, 2024  |  Artificial Intelligence

The ability of artificial intelligence to transcribe conversations and categorize them by topic can save financial advisers 10 to 15 hours per week, Morgan Stanley...

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Will Microsoft Spark a Wave of AI-Powered PCs?
Will Microsoft Spark a Wave of AI-Powered PCs?
May 26, 2024  |  artificial intelligence

Last week, Microsoft debuted a line of artificial intelligence (AI)-ready personal computers. New findings by Morgan Stanley — the subject of a report Sunday (May...

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Scotiabank Names Travis Machen to Head Global Markets Unit
Scotiabank Names Travis Machen to Head Global Markets Unit
April 30, 2024  |  Personnel

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on...

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Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
April 16, 2024  |  Personnel

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain...

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Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
April 11, 2024  |  Security & Fraud

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. The Securities and...

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Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024  |  Security & Fraud

Anti-money laundering (AML) defenses might begin at the point of onboarding. The needs are for all manner of firms — and especially banks and investment...

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Business Development Companies Consider IPOs as Valuations Surge
Business Development Companies Consider IPOs as Valuations Surge
January 18, 2024  |  IPO

In recent months, business development companies (BDCs) have witnessed a surge in valuations, prompting several firms to opt for public offerings.  BDCs, which are private...

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