Morgan Stanley Cuts Ties with Crispin Odey after Sexual Assault Allegations
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Morgan Stanley Stock Falls
Shares of Morgan Stanley dropped Thursday after The Journal reported that federal regulators are probing how the bank vets clients who are at risk of laundering money through its wealth-management division.The Wall Street Journal - World -
Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.CNBC - Business -
Morgan Stanley ups China growth forecast after strong exports boost country’s GDP
Morgan Stanley said strong exports and a Beijing led investment push will see China’s economy grow faster than previously expected in 2024MarketWatch - Business - China -
Morgan Stanley reportedly planning four-part bond deal a day after blowout earnings
Morgan Stanley is planning to tap the investment-grade bond market later Wednesday with a four-part deal divided between four-year, six-year and 11-year notes, Bloomberg reported.MarketWatch - Business -
Morgan Stanley tops expectations on wealth management, trading and investment banking results
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?CNBC - Business -
Sexual assaults rise in Central African Republic
Sexual assaults and other cases of gender-based violence are rising in Central African RepublicABC News - World -
Bauer sexual assault accuser indicted for fraud
An Arizona woman who accused Trevor Bauer of sexual assault was indicted by a grand jury last month on felony charges of fraudulent schemes and theft by extortion.ESPN - Sports -
Morgan Stanley's Wealth Arm Probed by Multiple Federal Regulators
Treasury Department offices and others are looking into how Morgan Stanley vets clients at risk of laundering money through the bank’s wealth-management division. Shares fell more than 5%.The Wall Street Journal - World -
Morgan Stanley stock falls as feds reportedly scrutinize its wealth unit
The WSJ reported that regulators are studying whether Morgan Stanley has been adequately investigating prospective client identities and the sources of their wealth.MarketWatch - Business -
More US regulators join Morgan Stanley wealth management probe
SEC, OCC and Treasury follow the Federal Reserve in looking into handling of potentially risky clientsFinancial Times - Business -
Adidas wins double upgrade at Morgan Stanley, thanks to ‘Spezial’ and other shoes
Morgan Stanley has upgraded Adidas shares to overweight, saying “channel checks point to building positive sentiment and top-line momentum.”MarketWatch - Business -
Morgan Stanley Earnings Rise on Higher Investment Banking Revenue
The company’s profit rose 14%, as investment banking received a boost from stronger equity and debt underwriting. Shares rose 2.7% premarket.The Wall Street Journal - World -
Dow Advances as Markets Stabilize
U.S. stocks edged higher, with the Dow industrials leading gains, as investors cheered earnings from Morgan Stanley and UnitedHealth and digested comments from Fed Chair Jerome Powell.The Wall Street Journal - World -
Morgan Stanley chief says ‘existential’ need for M&A will revive investment banking
Quarterly profits rise 14% after better than expected quarter for traders, investment banking and wealth management armFinancial Times - Business -
Swedish Krona Expected to Gain Against Euro, Dollar, Survey Finds
The Swedish krona is expected to strengthen against the euro and the U.S. dollar this year, with gains likely to be stronger in the second half of the year, according to SEB’s semi-annual SEK Views FX SurveyThe Wall Street Journal - World -
Buy eBay and short Etsy, says Morgan Stanley in call on $1.1 trillion e-commerce market
Morgan Stanley says investors should buy eBay and short Etsy in a call on the $1.1 trillion U.S. e-commerce market.MarketWatch - Business -
Former NBA player Ben McLemore arrested in Oregon on sexual assault charge
McLemore is charged with a 2021 rape, while he was a member of the Trail Blazers.Yahoo Sports - Sports - NBA -
Hunt raises possibility of more tax cuts before general election
Chancellor also highlights prospect of interest rate reductions as Tories try to close gap on Labour in pollsFinancial Times - Business -
Hardline Republicans balk at US Speaker’s Ukraine aid plan
Mike Johnson faces possible revolt after unveiling scheme to secure more funding for allies including IsraelFinancial Times - Business - Ukraine -
Liz Truss’s certifiable bat skit
The PM who knew too much goes a bridge too farFinancial Times - Business - United Kingdom -
Nvidia’s stock has had a killer run. Why it’s still Morgan Stanley’s top AI-chip pick.
Nvidia’s $2.2 trillion market cap, once seen as “unfathomable,” could head even higher, according to Morgan Stanley.MarketWatch - Business -
Morgan Stanley tumbles, GE Healthcare climbs — what's driving Thursday's major portfolio stock moves
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
2 stocks to consider buying on weakness, and what to expect from Morgan Stanley earnings next week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
10 things to watch in the stock market Tuesday: Morgan Stanley beats, Nvidia call
The stock market is trying to stabilize after a couple of nasty days in a row as the attention shifts to corporate earningsCNBC - Business -
Morgan Stanley delivers a much-needed rebound quarter and eases concerns about a key overhang
Morgan Stanley's wealth management business reported record revenues and investment banking continued its recovery.CNBC - Business -
NYC Mayor Eric Adams' attorney asks court to dismiss sexual assault case
The woman claims Adams exposed himself to her in 1993 after she sought his help with an employment issue. The mayor has denied the allegation.ABC News - Top stories -
A priest from France accused of sexually assaulting children in the Canadian Artic has died
Yahoo News - World -
A priest from France accused of sexually assaulting children in the Canadian Artic has died
Officials say a priest from France who was accused of sexually abusing Inuit children when he served at the mission in their Canadian Arctic community has died after a long illnessABC News - World -
Urgent care worker accused of sexual assaults while claiming falsely to be a nurse in Philly suburbs
A dozen additional victims say they were victimized by a medical assistant who falsely said he was nurse when they sought treatment in recent months at an urgent care facility outside PhiladelphiaABC News - Health -
Too often, women are denied justice for sexual assault. The Lehrmann judgment marks progress | Jennifer Robinson
Defamation is often used to silence women and the media speaking out on gender-based violence. Hopefully this decision deters such cases. In the much-anticipated cause celebre defamation case, Justice Michael Lee found that Bruce Lehrmann did rape ...The Guardian - World -
Kanye West suspected of attacking man who allegedly sexually assaulted his wife
Following reports of battery investigation into West against unnamed man, rapper’s team allege wife Bianca Censori was being assaulted. Representatives for Kanye West have alleged that a man physically and sexually assaulted his wife Bianca ...The Guardian - World -
Kentucky spokeswoman: School is 'distressed' to hear of alleged sexual misconduct by ex-swim coach
A Kentucky spokeswoman says the school is “distressed to hear disturbing allegations” of sexual assault by former swimming and diving coach Lars Jorgensen outlined in a lawsuit by two former team members and will cooperate fully with law enforcementABC News - Sports -
Regulators are investigating Morgan Stanley in connection with how it vets clients who are at risk of laundering money through the bank's wealth-management division.
Regulators are investigating Morgan Stanley in connection with how it vets clients who are at risk of laundering money through the bank’s wealth-management division.The Wall Street Journal - World -
Police identify 7 suspects in alleged anti-LGBTQ assault on two Michigan State students
Police announced Tuesday that they identified seven suspects in connection to an alleged assault on two college students that took place at their school’s main library the day before.NBC News - Top stories -
Ed Piskor, Comics Artist, Dies After Sexual Misconduct Accusations
Ed Piskor, 41, was known for his detailed “Hip Hop Family Tree” and “X-Men: Grand Design.” A Pittsburgh gallery didn’t open an exhibition of his work after the initial allegation.The New York Times - Top stories -
Security raised for Champions League ties after attack threat
Security is stepped up for European Champions League ties over threats by a pro-Islamic State group.BBC News - Top stories - UEFA Champions League