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Morgan Stanley

China stocks end lower
Markets

China stocks end lower

SHANGHAI: Chinese stocks closed lower on Tuesday, dragged down by coal and power-intensive sectors, while property...
Published 13 Oct, 2021 04:47am
Morgan Stanley nears full ownership of China ventures with stake buys
Business & Finance

Morgan Stanley nears full ownership of China ventures with stake buys

  • Outright ownership could allow foreign banks to expand their operations in the multitrillion-dollar Chinese financial sector, and better integrate them with their global businesses.
  • "These are important steps forward for Morgan Stanley as we look to build a leading, fully integrated financial services firm in China," Morgan Stanley said in a statement.
Published 28 May, 2021 08:47pm
Morgan Stanley CEO shakes up leadership in search for successor
Business & Finance

Morgan Stanley CEO shakes up leadership in search for successor

  • The Wall Street bank named its institutional securities business chief Ted Pick and Andy Saperstein, the head of its wealth management unit, as co-presidents.
  • The shake-up comes days after JPMorgan Chase & Co named Marianne Lake and Jennifer Piepszak, widely seen as the two top contenders for the CEO role, as co-heads of its consumer and community bank.
Published 20 May, 2021 09:36pm