Morgan Stanley (MS) continues to demonstrate strong results with higher than expected results across wealth management, trading, and investment banking. Morgan Stanley's wealth arm is under investigation by multiple regulators which has caused its stock to temporarily dip. Reportedly they are planning job cuts in the wealth management unit. MS is expanding in the UAE and China with permissions to set up a futures company and expected full control over two Joint Ventures. Jefferies analysts highlighted potential growth in the wealth management sector. Meanwhile, shareholder sentiment is increasingly positive despite the ongoing investigations.
Morgan Stanley MS News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Thu, 09 May 2024 10:29:55 GMT -
Innovation -4
- Information 8
- Rumor 2
