Morgan Stanley News

Morgan Stanley (NYSE:MS) reported third-quarter results that beat analyst estimates on top and bottom line, however, its shares fell 1.6% on weaker-than-expected wealth management revenue.

Investing.com — U.S. futures slipped lower Wednesday, as investors digested heightened geopolitical tensions in the Middle East as well as the ongoing quarterly earnings results.

Sam Bankman-Fried was in constant contact with prominent political and financial figures in New York City in the months leading up to the collapse of FTX and his subsequent arrest.

By Leika Kihara

By Saeed Azhar and Niket Nishant

Investing.com — US stock futures were trading slightly lower during Tuesday's evening deals, as the quarterly earnings season gained steam, with investors also closely monitoring updates from the escalating Israel — Hamas war.

The U.S. economy is set to improve by the end of the year according to 55% of respondents to a new survey from Morgan Stanley.

Bernstein analysts downgraded shares of JD.com (NASDAQ:JD) to Market Perform from Outperform, lowering the price target to $31 from $55 per share in a note to clients.

Reuters report said citing an industry source familiar with Avendus’ plans. The company employs about 150 bankers in India.

Rio Tinto has hinted that a three-year boom in lithium prices is coming to an end, but unlike its old rival BHP, the company says predicted supply shortages will ensure strong “market fundamentals” for the battery mineral longer term.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed today: downgrades at Cummins, JD.com, BioNTech, Crown Castle, and KB Home.

bond sale, a document showed, the first high-profile debt issue from the region since last week's Israel-Hamas conflict unsettled regional markets. The Public Investment Fund (PIF) plans to issue a dollar-denominated Islamic bond, and mandated Citi, HSBC, JPMorgan and Standard Chartered Bank to arrange a series of investor calls starting on Monday. It will be the PIF's second international debt issue this year after it raised $5.5 billion from green bonds in February. The plans come as the troubles in Israel have triggered an increase in volatility in the Middle East and North Africa (MENA) region and seen major investment banks such as JPMorgan and Morgan Stanley downgrade their view on the broader region. A European-based investor said markets were closely watching how pricing and demand for the PIF Islamic bond would shape up in days to come, with the issue being seen as a weather vane for sentiment towards fixed income in the Gulf region more widely in the wake of the conflict. The PIF is the chosen vehicle of Saudi Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, to drive an economic agenda aimed at cutting reliance on oil. A dual tranche of 5- and 10-year tenor senior sukuk, or Islamic bonds, will follow the investor meetings, the document seen by Reuters showed.

By Ankika Biswas and Shashwat Chauhan

A team of six has moved to the RBC Wealth Management branch in Philadelphia having managed $450 million in client assets at Morgan Stanley.

Check out the companies making headlines before the bell.

The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.

Ana Claver (pictured) will oversee the wholesale teams and develop strategic plans for the wholesale division in Europe.

Stocks on Wall Street ended mostly lower on Friday to wrap up a volatile week, as a spike in oil prices and rising inflation expectations soured investors on riskier bets.

Get ready for more volatility; the next major test for the stock market is upon us.

Wells Fargo & Co. beat analysts’ expectations for net interest income in the third quarter and again raised its full-year guidance as the bank continues to benefit from higher interest rates.

A team of three advisors has taken the decision to break away from Morgan Stanley to launch an independent RIA firm.