Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.
Morgan Stanley eyes crypto expansion under Trump, collaborates with regulators on digital asset adoption and institutional services.
The leading technology investment banker would return to the bank at a later date.
The chief executive of banking giant Morgan Stanley reportedly says the firm is willing to work with US regulators on crypto offerings.
Morgan Stanley. Investment firms have been impressed as well, and several reports that they recently issued expressed enthusiasm for the Menl
Morgan Stanley's CEO signals potential crypto expansion amid regulatory shifts under a pro-crypto administration.
Morgan Stanley is exploring the possibility of offering crypto to clients and is currently discussing a “safe” way to expand its services with regulators.
On Wednesday, Morgan Stanley (MS) stock saw a decline, ending the day at $136 which represents a decrease of $-1.30 or -0.95% from the prior close of $137.3. The stock opened at $137.26 and touched a low of $135.82 during the day, reaching a high of $138.38. The volume of shares traded was 7.02 million exceeding the average volume of 6.73 million.
Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.
Morgan Stanley Wealth Management today announced results from its quarterly retail investor pulse survey: Majority of investor views remained bullish.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.