A former Morgan Stanley wealth manager in New Jersey has been criminally charged with stealing about $5 million from clients, and then going on a spending spree including private jet service, luxury cars, and country club memberships. More »
A police officer keeps watch in front of the U.S. Federal Reserve building in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo The U.S. Federal Reserve will stop reinvestments of its mortgage-backed securities holdings in April 2018 ... More »
LONDON Morgan Stanley upgraded European defensive stocks to “overweight” on Monday, raising its stance on consumer staples .SXQP stocks while downgrading the industrials .SXNP and basic materials .SXPP sectors. The Wall Street bank kept its “overweight” rating... More »
LONDON Greek banking stocks could rise 90 percent from current levels and yield premiums over German benchmark bonds narrow if Greece and its creditors can reach a deal on releasing new bailout funds and debt relief, Morgan Stanley said on Wednesday. The broke... More »
NEW YORK U.S. business conditions are the strongest since the summer of 2014 as sentiment has recovered from a weak start to the year, signaling companies’ willingness to make capital expenditures, Morgan Stanley economists said on Friday. More investment in e... More »
NEW YORK Colm Kelleher is a stickler for discipline, even when it comes to the office dress code. In an internal risk meeting during the summer of 2010, the then head of trading at Morgan Stanley chastised colleagues for rolling up their shirt sleeves and disp... More »
