Morgan Stanley is one of the world's largest diversified financial services companies, with a reputation for excellence in advice and execution on a global scale.

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Drunken Analyst Said Fired After Trashing Colleague's Desk (HR Takes Picture)

Dealbreaker reports that, a couple of weeks back, a New York-based second year Credit Suisse technology analyst is said to have returned to the office (apparently over the weekend) rather the worse for wear, and trashed a colleague's work space (see pic to the right, which was seemingly taken by a member of the firm's HR Department for the employee's file).

The World's Most Successful Traders In 2004 ?

We all know that whereas M&A was once King, the torch has now passed to the trading boys. Well, Trader Monthly magazine recently published its second annual list of the world's most successful traders (for 2004). The magazine has estimated what each trader makes by speaking to hundreds of industry sources, and sometimes the traders themselves. Because it is difficult to get a precise number, an earnings range has been applied against each trader's name. Here are the guys at the Top of that list:

London's Biggest Trading Floors

Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.

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Morgan Stanley concerned about recruiting costs

Morgan Stanley posted wealth management results for the second quarter just a hair's breadth short of a key profitability target it set for the end of 2015, but bank executives remained concerned about the high costs of recruiting brokers.