Chairman and CEO of Morgan Stanley James Gorman speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.Morgan Stanley has agreed to pay a total of $249 million to settle a criminal investigation and a related Securities and Exchange Commission probe of the unauthorized disclosure of block trades to investors by the bank's supervisor for such trades and another employee, authorities said Friday.A ...

Morgan Stanley’s pitch to sellers looking to unload big blocks of stock was that their block-trading unit was the best at preventing leaks that could drive share prices down.But federal prosecutors and the Securities and Exchange Commission now say it was all a lie, and that from 2018 through 2021 the bank would quietly divulge news of the impending block trades to hedge funds as a way of lessening its own risk. The result was that sellers would lose millions of dollars on the deal, investigators said.In si ...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley has announced the appointment of 155 Managing Directors. The new Managing Directors are: Ben Adubi       Judy Lai Meenu Arora       David Lazar Edouard Aubin       Maximilien Lefranc Samith Nandan Balwalli       Alisha Lehr Alyson Barnes       Marcello Lo Re Dana Baron       Rowena Mallaghan Neha Begwani       Alex Manz Mehdi Belhachmi       Meta Marshall Gaia Benitez       Steve Matthews Kat ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Morgan Stanley (MS) , which belongs to the Zacks Financial - Investment Bank industry.This investment bank has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 8.72%.For the last reported quarter, Morgan Stanley came out with earnings o ...

Nu Holdings (NU 1.68%), the parent company of NuBank, is a rapidly growing company leveraging financial technology (fintech) to bring banking to underserved regions and completely dominates the Brazilian market.Investors may be familiar with Nu Holdings as one of the 49 stocks in Berkshire Hathaway's publicly traded stock portfolio. Nu has achieved impressive growth and looks to replicate its success in other parts of Latin America. Here's what you should know about this fast-growing bank and whether it's a ...

Wall Street analysts forecast that Morgan Stanley (MS) will report quarterly earnings of $1.23 per share in its upcoming release, pointing to a year-over-year decline of 6.1%. It is anticipated that revenues will amount to $12.83 billion, exhibiting an increase of 0.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassesse ...

Morgan Stanley (MS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this investment bank have returned +10.1%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Financial - Investment Bank industry, which Morgan Stanley falls in, has gained 7.6%. The key question now is: What could be the stock's future direction?While ...

The market expects Morgan Stanley (MS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 16, 2024, might help the stock move higher if these key numbers ...

The performance of Morgan Stanley’s (MS) trading business (constituting a significant portion of its top line) is not expected to have been significantly impressive in the fourth quarter of 2023 due to subdued market volatility. Thus, the company’s trading numbers are expected to have provided little support to its quarterly results, slated to be announced before the opening bell on Jan 16.While the risks of a near-term recession faded in the fourth quarter, ambiguity among investors remained on lingering c ...

The most recent trading session ended with Morgan Stanley (MS) standing at $93.51, reflecting a +0.29% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.41%. Meanwhile, the Dow gained 0.58%, and the Nasdaq, a tech-heavy index, added 2.2%.Coming into today, shares of the investment bank had gained 13.32% in the past month. In that same time, the Finance sector gained 5.34%, while the S&P 500 gained 2.9%.The upcoming earnings release of Morgan Stanley will be of gr ...