PYMNTS-MonitorEdge-May-2024

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

Banks and Private Finance Seek Slices of $1 Trillion AI Pie
Banks and Private Finance Seek Slices of $1 Trillion AI Pie
November 18, 2024  |  artificial intelligence

Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants...

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OpenAI Liquidity Reaches $10 Billion With New Credit Facility
OpenAI Liquidity Reaches $10 Billion With New Credit Facility
October 03, 2024  |  artificial intelligence

The world’s biggest companies can’t seem to stop giving OpenAI money. One day after securing $6.6 billion in new funding from an array of tech...

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Report: Connected TV Ad Platform MNTN Considering Early 2025 IPO
Report: Connected TV Ad Platform MNTN Considering Early 2025 IPO
September 27, 2024  |  IPO

Connected TV advertising platform MNTN is reportedly considering going public in early 2025. The firm, whose chief creative officer is actor Ryan Reynolds, selected Morgan...

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Chime: No Comment on Report That Morgan Stanley Will Lead IPO
Chime: No Comment on Report That Morgan Stanley Will Lead IPO
September 26, 2024  |  IPO

Chime Financial reportedly selected Morgan Stanley to lead its initial public offering (IPO). The FinTech company aims to go public in 2025, Bloomberg reported Thursday...

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Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
August 26, 2024  |  Legal

JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program....

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Morgan Stanley Buys Stake in UK Payments Firm Sokin
Morgan Stanley Buys Stake in UK Payments Firm Sokin
July 24, 2024  |  Investments

British payments firm Sokin is planning to expand following an investment by Morgan Stanley. Investment funds managed by the banking giant had purchased a stake...

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Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
July 22, 2024  |  AML

Enforcement actions and fines from regulators — the Federal Reserve, the Office of the Comptroller of the Currency and others — highlight the growing scrutiny...

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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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