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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 - 10 hours ago -
Homeowners Tap Into Their Rising Home Equity
Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.Business - The New York Times - October 18 -
Societe Generale Taps Sabadell's Alvear as New CFO
The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.Business - The Wall Street Journal - October 31 -
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 -
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At Tesla, Musk Taps Close Confidant for Top Executive Role
Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.Business - The Wall Street Journal - October 16 -
Prime Video Taps Brian Williams to Lead Election Day Special
The Former NBC anchor will host “Election Night Live with Brian Williams,” airing on election day at 5 p.m. EST.Business - Inc. - October 17 -
Starbucks taps former Chipotle executive as global chief brand officer
In his first week on the job, CEO Brian Niccol said improving the company's branding was one of his four priorities to turn around the U.S. business.Business - CNBC - October 18 -
Public Affairs Council taps ceiling-shattering new president
Nneka Chiazor will take over as president of the Public Affairs Council in January, becoming the first woman and person of color to lead the organization in its 70-year history, The Hill has ...Politics - The Hill - October 21 -
Disney Taps Gorman as Next Chairman, Plans to Name New CEO in 2026
The Morgan Stanley exec leads the entertainment giant’s succession planning committee. Disney is screening internal and external candidates in preparation for Bob Iger’s departure.Business - Inc. - October 22 -
Lobbying World: Consumer Brands Association taps next president and CEO
The Consumer Brands Association has selected Melissa Hockstad as the organization’s new president and CEO effective Jan. 6, 2025. Hockstad joins from the American Cleaning Institute, where she has ...Politics - The Hill - October 23 -
Asheville Tap Water Is Restored, but Not Drinkable, After Hurricane Helene
People in the storm-hit area can resume flushing toilets and taking showers, but the water is often yellow or brown. Officials are asking for patience with repair efforts.Top stories - The New York Times - October 25 -
How Gamefam’s Founder Taps His ‘Inner Child’ to Bring Brands to the Metaverse
Gamefam has carved out a unique niche in the gaming space: Creating high-quality experiences, like Sonic Speed Simulator, on Roblox.Business - Inc. - October 25 -
Lamborghini and Animoca’s Motorverse tap Base blockchain for in-game assets
Lamborghini and Animoca’s Web3 racing game Motorverse are tapping the Base blockchain for in-game Web3 assets.Tech - VentureBeat - October 28 -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - October 29 -
Trump taps Susie Wiles as White House chief of staff
The Trump campaign has announced Susie Wiles as President-elect Donald Trump's White House chief of staff. "It is a well-deserved honor to have Susie as the first-ever female Chief of Staff in ...Top stories - CBS News - Yesterday -
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 -
JP Morgan Chase Brings Back Climate Scientist Adviser
Sarah Kapnick, former chief scientist of the National Oceanic and Atmospheric Administration (NOAA), rejoins the bank to provide counsel on climate issues.Business - Inc. - October 22 -
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 -
JP Morgan sues customers over viral TikTok cheque fraud
“Infinite money glitch” allowed the withdrawal of funds from cheques before they were cleared by the bank.Top stories - BBC News - October 29 -
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 -
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Boomers beware: Tapping home equity to pay for long-term care carries serious risks
Long-term care “will force people to deplete many of their assets.”Business - MarketWatch - October 24 -
Tap water in Asheville region still unsafe to drink 1 month after Hurricane Helene
One month after Hurricane Helene devastated North Carolina, residents of Asheville are still struggling to find clean drinking water. New York Times reporter Christina Morales joins CBS News to ...Top stories - CBS News - October 28 -
Boxing schedule for 2024: Mike Tyson vs. Jake Paul, Oleksandr Usyk vs. Tyson Fury 2 on tap for fall
The action rolls on in the ring as fall brings us closer to the end of 2024Sports - CBS Sports - October 29 -
'Saturday Night Live' taps comedian-actor Bill Burr and Charli XCX as hosts for after the election
Comedian-actor Bill Burr will host the first post-election “Saturday Night Live” with musical guest guitarist, producer and vocalist MkEntertainment - ABC News - October 31 -
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