It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
Category: Morgan Stanley
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Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales
James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts regulators said.
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What to Know About the Business Execs Who Were With Mike Lynch on His Yacht
The two business figures, both associates of the tech mogul, went missing after the superyacht they were on sank off the coast of Sicily.
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A Slimmer Goldman Sachs Posts Hefty Jump in Profit
The Wall Street bank recorded nearly $4 billion in profit, beating analyst expectations in a tough quarter for big banks.
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The Worst Part of a Wall Street Career May Be Coming to an End
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.
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Morgan Stanley to Pay $249 Million in Block Trading Investigation
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.
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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.