Morgan Stanley News

Companies

Morgan Stanley to slash 13% investment banking jobs in Hong Kong and China, biggest cut in Asia-Pacific region in years

Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this month. At least 80 per cent of the reductions will be in Hong Kong and China.

2 min read17 Apr 2024
News

Morgan Stanley’s ETFs Break $1 Billion With Fund Conversions

Morgan Stanley’s exchange-traded lineup now holds more than $1 billion thanks to the firm’s first-ever mutual-fund conversions.

1 min read26 Mar 2024
News

S&P Index Flub Prompted Mystery Swings in Morgan Stanley, PNC

Shares of some of the biggest US banks went on an unusual ride in recent days after a rare S&P Global blunder.

2 min read8 Mar 2024
News

Banks Stuck With X Debt Held Refinancing Talks With Elon Musk

A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of the social media platform X, according to people with knowledge of the matter.

1 min read5 Mar 2024
Markets

Two top traders of Morgan Stanley commodities lose job for using WhatsApp

Nancy King, global head of commodities, and Jay Rubenstein, head of commodities trading, are leavingJPMorgan earlier this year punished more than a dozen traders for using WhatsApp at work

1 min read20 Oct 2020

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