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 2024Morgan 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 2024Shares 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 2024A 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 2024Nancy 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 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared