News Topic: Morgan Stanley

... Read full article

... Read full article

... Read full article

... Read full article

The AskResearch virtual assistant helps the company's employees quickly find specific information buried in proprietary research to facilitate their work with clients. It's a creative solution to data-retrieval problems many banking companies ... Read full article

Sigal Zarmi, who took on broader duties this fall, is modernizing the company's technological infrastructure and using reverse mentoring to combat bias in the workplace. ... Read full article

As Morgan Stanley's bankers scattered from Manhattan's Times Square to their home offices during the pandemic, some asked: How are the coffee-cart vendors doing? The answer: terribly. ... Read full article

The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information. ... Read full article

Morgan Stanley agreed to purchase Eaton Vance for about $7 billion in CEO James Gorman's second major acquisition this year, both of which tilt the investment bank further toward the steadier business of money management. ... Read full article

Goldman Sachs Group turned to its chief rival to fill its top cybersecurity job. ... Read full article

The four-year plan submitted as part of its acquisition of E-Trade includes grants to community development organizations and support for uniform vendor diversity standards. ... Read full article

The central bank said it had miscalculated the loss rates for certain public welfare investments, which led to incorrect capital requirements for the two companies. ... Read full article

Under a rule issued in March, banks will build an additional capital cushion that is determined by their performance in the annual tests. ... Read full article

The New York bank has also joined a steering committee helping to develop a global accounting standard that financial institutions can use to measure their impact on global warming. ... Read full article

Banks paid out nearly twice as much as they earned in the first quarter; Marilyn Booker, a managing director, said she was fired in December for pushing too hard on a diversity plan. ... Read full article

As they prepare to exit government conservatorship, Fannie Mae and Freddie Mac have enlisted the investment banks to help them boost capital and evaluate market opportunities. ... Read full article

In wealth management and consumer lending, banks are starting to win back clients they had been losing to startups. ... Read full article

Small businesses that took out the loans will soon be applying for forgiveness; U.S. Secretary of State Pompeo and one of HSBC's large investors criticized the bank for buckling to Chinese pressure. ... Read full article