[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: Morgan Stanley
Goldman Scores a Win With Sharply Higher Earnings
[ad_1] Updated Jan. 16, 2024 1:42 pm ET Goldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster…
Blackstone, Oaktree Burned by Morgan Stanley’s Block-Trade Leaks
[ad_1] Just after lunch on a Tuesday in March 2019, a top-ranking Blackstone Inc. executive emailed Morgan Stanley’s Pawan Passi, seeking help to start exiting one of the investing giant’s…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…
Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes
[ad_1] Morgan Stanley agreed Friday to pay $249 million to settle criminal and regulatory investigations into allegations that some employees improperly shared information about clients’ stock sales, the Manhattan U.S.…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[ad_1] Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the…
Texas Burger Chain Whataburger Taps Loan Market for $340 Million
[ad_1] Whataburger, the beloved Texas-based fast-food chain known for its orange and white restaurants and hefty patties, is tappingBloomberg Terminal the leveraged loan market for $340 million to redeem a…
Brokerage Firms Are Pitching Separately Managed Accounts. Here’s What to Know.
[ad_1] These personalized portfolios are increasingly being marketed to investors for their tax flexibility and upside potential. But beware of costs. [ad_2] Source link
James Gorman Just Wrapped Up a Successful Tenure at Morgan Stanley. It Almost Didn’t Turn Out That Way.
[ad_1] James Gorman ordered an extra dry vodka martini at a St. Petersburg, Russia, hotel bar late one night in June 2012. The Morgan Stanley chief executive officer was there…