Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on money movement, to facilitate foreign exchange international settlement for its corporate and institutional clients, the companies said in a Tuesday...
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 — Morgan Stanley — there’s plenty to go around, Bloomberg News reported Sunday (Nov. 17). That report tells the story...
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 giants and venture capitalists, the artificial intelligence (AI) startup revealed it had established a $4 billion credit facility with nine...
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 Stanley to work on its initial public offering (IPO), Bloomberg reported Friday (Sept. 27), citing unnamed sources. Deliberations around the...
July 25, 2023
Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities of the technology so as not to miss out on the impact it is poised to have on the financial services sector. Citi CEO Jane Fraser recently expressed the importance of banks […]
February 24, 2020
Two deals this past week shone a spotlight on the lure of financial services — done digitally — and the “build vs. buy” debate, settled firmly on the side of...
April 15, 2019
Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means of managing their financial lives....
August 16, 2017
Urban FT has launched a bid for struggling mobile money firm Digiliti. To get a sense of the strategy behind the deal, Karen Webster got an exclusive first look with Urban FT's CEO Richard Steggall about...
December 19, 2024
Morgan Stanley reportedly upgraded its rating and price targets on shares of several credit card companies and lenders, citing stabilization in consumer credit and an anticipated favorable regulatory environment. Analysts at Morgan Stanley said Thursday (Dec. 19) that several trends are expected to support the stabilization in consumer credit, Seeking Alpha reported Thursday. These trends […]
December 17, 2024
Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on money movement, to facilitate foreign...
November 18, 2024
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 — Morgan Stanley — there’s...
October 03, 2024
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 giants and venture capitalists, the...
