Morgan Stanley plans closure of Russia business

US-based investment bank Morgan Stanley is planning to cease its banking operations in Russia in the first quarter of next…

Morgan Stanley overhauls wealth management ranks

US-based investment bank Morgan Stanley has appointed Andy Saperstein as the sole head of its wealth management unit as part…

Morgan Stanley wealth management earnings flat in Q1

The Morgan Stanley wealth management arm has reported net revenues of $4.39bn for the first quarter of 2019, almost flat…

Morgan Stanley offloads feeder fund operations to iCapital Network

American investment bank Morgan Stanley has transferred its alternative investments feeder fund business to fintech platform iCapital Network. Under the…

UBS and rivals fined over IPO sponsor failings in Hong Kong

UBS, Standard Chartered Securities, Morgan Stanley Asia, and Merrill Lynch Far East have agreed to pay a combined $100m to…

Morgan Stanley to buy employee stock plans manager Solium Capital for $900m

Morgan Stanley has agreed to purchase Solium Capital, a Calgary-based employee stock plans manager, in a deal worth around C$1.1bn…

Morgan Stanley increases focus on Chinese entrepreneurs in Singapore

US-based investment bank Morgan Stanley is looking to ramp up its offering for Chinese entrepreneurs looking to launch family offices…

Morgan Stanley wealth income tumbles in Q4

Morgan Stanley’s wealth management unit has posted pre-tax income from continuing operations of $1bn for the fourth quarter of 2018,…