Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street ...

Pent-up demand for mergers and acquisitions, particularly among private equity firms, is poised to spur a surge in deal activity, Morgan Stanley Chief Executive Officer Ted Pick said.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Bonuses are up for senior bankers in Asia by the high-teens to compensate them after lean payouts the previous year. Read ...

Profit more than doubled from a year ago to $3.7 billion, or $2.22 per share, for the three months ended Dec. 31, compared ...

JPMorgan Chase is the latest financial giant to mandate workers return to the office as the tide continues to shift against ...

Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...

Their exit follows a wave of similar decisions from other major banking institutions, including Morgan Stanley, Citigroup, ...

Morgan Stanley’s profit more than doubled ... echoing results at rivals Goldman Sachs and JPMorgan Chase on Wednesday. Globally, investment banking revenue jumped 26% to $86.80 billion in ...

Morgan Stanley raised the firm’s price target on JPMorgan (JPM) to $273 from $265 and keeps an Equal Weight rating on the shares. Q4 EPS beat ...

There’s a lesson here for long-term leaders: When the time comes, let go. James Gorman at Morgan Stanley has definitely ...

Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in ...