Federal prosecutors found at least one employee at the Wall Street firm had committed deceptive practices in handling trades of large blocks of stock from 2018 to 2021.
Category: Morgan Stanley
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Byron Wien, Wall Street Seer of the Unexpected, Dies at 90
A widely read financial analyst, he was known for his annual forecast “Ten Surprises.” But he was fallible, as when he predicted a President Hillary Clinton.
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Morgan Stanley’s Post-Gorman Era Begins
Wall Street’s most closely watched succession saga ended with the selection of Ted Pick as the bank’s next leader. But he now must keep the momentum going.
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Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O.
Mr. Pick’s ascension caps an unusually public three-way race to replace James Gorman, who presided over steady growth after taking over in 2010.
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China’s Economy is Slowing, Posing a Challenge for Global Growth
New data published on Monday shows a post-pandemic recovery has not materialized after restrictions were lifted last year.
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An A.I.-Generated Picture Stokes a Stock Market Plunge
A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
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JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors
Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
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James Gorman to Leave as Morgan Stanley CEO
James Gorman, one