The latest trading session saw Morgan Stanley (MS) ending at $91.95, denoting a -1.55% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.14%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq added 0.17%.Shares of the investment bank have appreciated by 8.79% over the course of the past month, outperforming the Finance sector's gain of 4.92% and the S&P 500's gain of 5.34%.Analysts and investors alike will be keeping a close eye on the performan ...

Morgan Stanley (MS) closed the most recent trading day at $87.96, moving -0.48% from the previous trading session. This move lagged the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The the stock of investment bank has risen by 2.17% in the past month, lagging the Finance sector's gain of 2.48% and overreaching the S&P 500's gain of 1.76%.Analysts and investors alike will be keeping a close eye on the performance of ...

The Morgan Stanley digital sign is seen at the company's Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016.Morgan Stanley promoted a tech executive in its wealth management division to become the bank's first head of firmwide artificial intelligence, CNBC has learned.The bank is elevating Jeff McMillan, a veteran of the New York-based bank, to help guide its implementation of AI across the firm, according to a memo sent Thursday from co-presidents Andy Saperstein and Dan Simkowitz.Last y ...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley today announced the third cohort of winners of its Alliance for Children’s Mental Health Innovation Awards, an initiative that aims to fund and advance transformative mental healthcare solutions for children and young adults across the U.S. From nearly 750 applications, five organizations have been chosen for their inventive and scalable solutions for improving children’s mental health. Each organization will be awarded $100,000 to expand their programming, recei ...

Morgan Stanley (NYSE:MS) Annual Morgan Stanley European Financials Conference Transcript March 13, 2024 7:00 AM ET Executives Dan Simkowitz - Co-President Analysts Unidentified Analyst Thanks everyone for coming to this session with our very own Dan Simkowitz, Co-President of Morgan Stanley. Thanks for being here, Dan, in our 20th anniversary of the European Financials Conference. Before we start with the Q&A, I’ve got to read a disclaimer. The discussions may include forward-looking statements which reflec ...

Morgan Stanley (MS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this investment bank have returned +0.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Financial - Investment Bank industry, to which Morgan Stanley belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the ...

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 ...