Latest in Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking
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Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh HasinaWorld - Financial Times - October 28 -
Bond investors position for new debt from Goldman Sachs and Morgan Stanley
Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan ...Business - MarketWatch - October 16 -
Morgan Stanley Strikes Deal With Climeworks to Vacuum CO2 From the Atmosphere
The bank is the latest major financial institution to invest in novel tech like carbon removal to fight climate change.Business - Inc. - October 24 -
Morgan Stanley grants post-employment perks to former CEO James Gorman
Longtime executive will receive $400,000 a year and access to a car and driver as he transitions out of top roles at bankBusiness - Financial Times - October 24 -
The stock market hasn’t priced in a Trump win, Morgan Stanley strategist says
The chief U.S. stock-market strategist at Morgan Stanley says the fact that financial stocks are rallying has more to do with fundamentals than with the approaching election.Business - MarketWatch - October 28 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
Morgan Stanley is launching an investing index tied to sports leagues
Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.Business - CNBC - October 31 -
Prudential taps Morgan Stanley’s Chappuis to lead asset management arm
Jacques Chappuis to join as PGIM’s chief executive in May, replacing David Hunt after his 13-year stintBusiness - Financial Times - 15 hours ago -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - Financial Times - October 17 -
Cheaper alternative to northern leg of HS2 under consideration
Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - Financial Times - October 17 -
Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget
Move by work and pensions secretary likely to cause concern among disability rights activistsWorld - Financial Times - October 17 -
The market could get hit hard on a Harris win — but also drop on a Trump victory, says Morgan Stanley
Mike Wilson, Morgan Stanley’s chief U.S. stock market, explains why markets prefer a Trump victory, and the risks from either result in the 2024 election.Business - MarketWatch - October 21 -
Disney names Morgan Stanley Executive Chairman James Gorman as its next board chairman
Disney names Morgan Stanley Executive Chairman James Gorman as its next board chairmanEntertainment - ABC News - October 21 -
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.Business - CNBC - October 23 -
AI on the trading floor: Morgan Stanley expands chatbot tools to Wall Street division
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.Top stories - NBC News - October 23 -
Three journalists killed in Israeli air strike in Lebanon
Attack on journalists who were sleeping in residential compound condemned as ‘war crime’ by Lebanese ministerBusiness - Financial Times - October 25 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
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Research boat will scan seabed to help search for those missing in Spain's floods
A Spanish research vessel that investigates marine ecosystems has been abruptly diverted from its usual task to help in the increasingly desperate search for the missing from Spain’s floodsWorld - ABC News - 13 hours ago -
This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look
Global Intelligence claims its Cybercheck technology can help cops find key evidence to nail a case. But a WIRED investigation reveals the smoking gun often appears far less solid.Tech - Wired - October 15 -
Warriors among three teams with impressive offense, defense feat
The Golden State Warriors are among a select group of NBA teams with a top-10 offense and defense this season.Sports - Yahoo Sports - 3 days ago -
Israeli strikes kill 21 in Lebanon, including in a town with a dark history of civilian deaths
Officials say Israeli airstrikes have pounded areas across Lebanon, killing at least 21 people, including more than a dozen in a southern town where Israeli bombardments in previous conflicts are ...World - ABC News - October 16 -
Middle East crisis live: essential supplies ‘running out’ in Gaza, says UN leader; WHO warns of cholera risk in Lebanon
Emergency meeting of UN security council hears that no food entered northern Gaza between 2 and 15 October; cholera case confirmed in Lebanon. Aid has arrived in northern Gaza for the first time ...World - The Guardian - October 16 -
Chiefs' Patrick Mahomes among those trying to land WNBA team for Kansas City in 2028 expansion
Chiefs quarterback Patrick Mahomes and the rest of the ownership group of the Kansas City Current, who play in the National Women’s Soccer League, have been meeting with WNBA officials about ...Sports - ABC News - October 31