Morgan Stanley (MS) has axed 9% of its employees at its asset management business unit in China as part of its broader plans to stay defensive amid the nation’s economic slowdown and market uncertainties. The news was reported by Reuters, citing two people with direct knowledge of the matter.The job cuts started in December 2023. These have impacted almost 15 of Morgan Stanley Investment Management China’s employees to date.This is the first time that MS has reduced headcount in its China fund unit since bu ...

Morgan Stanley’s (MS) wealth management division is offering its customers a chance to trade the sought-after shares of private companies before they are available to the wider public. The news, reported by Bloomberg, stated that MS has taken this step because currently the startups that are considering initial public offerings are remaining private for a very long time.Morgan Stanley’s private markets transaction desk will assist the firm’s wealth management clients who want to invest in the highly fragmen ...

NEW YORK & PALO ALTO, Calif.--(BUSINESS WIRE)--Morgan Stanley Wealth Management announced today the launch of its Private Markets Transaction Desk, a concierge service that empowers eligible shareholders and investors to buy and sell eligible private company shares in the secondary market. The offering is part of Morgan Stanley’s broader Private Markets ecosystem that provides a unique suite of solutions for companies, employees and investors to serve a diversity of client needs. Growth-stage venture-bac ...

Morgan Stanley (MS) has announced the opening of a new office in Abu Dhabi with the aim of enhancing its presence in the Middle East region. This move aligns with its strategic focus on United Arab Emirates (UAE) with new opportunities in the capital markets business.Since 2006, MS has been operating in Dubai, which is recognized as the Gulf’s financial hub, alongside Saudi Arabia and Qatar. Hence, the current move signifies the company’s long-term commitment to the Middle East and North Africa (MENA) regio ...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. “MSDL generated record performance to complete 2023, positioning the Company well for its debut to the public markets,” said Jeffrey Levin, President and Chief Executive Officer of Morgan Stanley Direct ...

Morgan Stanley (MS) is likely to add spot bitcoin ETF products to its brokerage platform, per a CoinDesk article that cited people with knowledge of the matter.Particularly, the company has been evaluating to offer spot bitcoin ETFs to clients ever since the Securities and Exchange Commission (SEC) approved their introduction in January. Currently, there are 10 spot bitcoin ETFs trading in the country, with Grayscale's GBTC, BlackRock's IBIT and Fidelity's FBTC holding most assets.Bitcoin ETF offerings will ...

【花旗将关闭的市政债业务四位银行家被摩根士丹利招入麾下】财联社2月29日电，据知情人士透露，摩根士丹利从花旗即将关闭的市政债业务部门挖角四位公共财政银行家。知情人士表示，其中三位将领导摩根士丹利公共财务部门的不同团队。花旗高管去年12月宣布，该银行计划在一季度末关闭市政债业务。知情人士称Alex Zaman将担任地面交通和城市发展业务主管，Lori Small将担任机场业务主管。Shai Markowicz将领导社会基础设施业务，包括项目融资和公私部门伙伴关系。这位知情人士表示，Imani Boggan也将加入。 ...

Morgan Stanley (MS) ended the recent trading session at $85.49, demonstrating a -0.21% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.17%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq appreciated by 0.37%.The investment bank's stock has dropped by 2.23% in the past month, falling short of the Finance sector's gain of 2.44% and the S&P 500's gain of 3.8%.The upcoming earnings release of Morgan Stanley will be of great interest to inv ...

Morgan Stanley Mario TamaIn 2020, I wrote an article about Morgan Stanley (NYSE:MS), which argued that the company’s common stock was a good bet on the IPO frenzy that was happening at the time. That year saw many companies go public, including Airbnb (ABNB), Palantir (PLTR), DoorDash (DASH) and Upstart Holdings (UPST). I wrote at the time that most of these IPOs were overpriced, and that Morgan Stanley’s cheap exposure to the frenzy by way of underwriting and advisory fees, was preferable to buying the i ...

WASHINGTON--(BUSINESS WIRE)--Calvert Research and Management (Calvert), part of Morgan Stanley Investment Management, today announced the publication of the 100 Most Sustainable U.S. Companies list in Barron’s. The annual list evaluates companies on over 230 environmental, social, and governance (ESG) metrics and ranks them according to their progress against sustainability categories that align to financial materiality. “We are proud to announce this year’s list which recognizes companies that are succe ...