Bank Capital Rules Could Hit Wealth Managers Such as Morgan Stanley
U.S. regulators propose raising overall capital requirements for the largest banks.
U.S. regulators propose raising overall capital requirements for the largest banks.
Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue.
The largest banks fared relatively well in the Federal Reserve’s stress scenarios, but they are still being conservative with buybacks.
Prosecutors are examining whether a securities broker and his associates traded on unlawfully obtained information about planned mergers and acquisitions.
June 22, 2023 12:01 am ETOver the past few years, as the Manhattan real-estate broker Lisa Lippman took her well-heeled ...
Those relying on fees might need bigger buffers to absorb losses under planned rules.
The Australia native made his way to New York for business school, and eventually the bank.
He transformed the Wall Street bank into a leading wealth-management institution after the firm barely survived the 2008 financial crisis ...
Wealth management has been benefited Morgan Stanley, but it has its challenges amid rising rates.