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.

LATEST

Morgan Stanley concerned about recruiting costs

Morgan Stanley HQ

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.

Morgan Stanley also on the up

Morgan Stanley HQ

Morgan Stanley, owner of the world’s largest brokerage, reported earnings that beat analysts’ estimates as profit from that business rose to a record and fees from investment banking reached a three-year high.

Brokers leave Morgan Stanley

Exit Sign

Craig Stuvland, former president of Common Sense Investment Management, lured four Morgan Stanley brokers with $650m in client assets to a new firm that supports independent financial advisors.

HOT LIST

Morgan Stanley HQ

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.

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.

Top Firm Has More Trader Trouble

Another London-based Morgan Stanley 'rogue' trader is in the news this week (the third in the last two weeks), after being banned by UK market regulator The Financial Services Authority (FSA) for front-running (trading ahead of) client orders. The trader, Nilesh Shroff, was also fined $224,000.

FEATURED

Morgan Stanley HQ

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.