Morgan Stanley

Morgan Stanley will pay a $60 million penalty after a U.S. banking regulator found the firm lacked proper oversight as it decommissioned two business data centers.

Morgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday.

Morgan Stanley said on Thursday it will acquire investment management firm Eaton Vance Corp for about $7 billion in a cash-and-stock deal. (Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni)

Morgan Stanley has received approval from the Federal Reserve to acquire discount brokerage E*Trade Financial Corp, the U.S. bank said on Wednesday.

* On track to complete E*Trade buy in Q4 -CFO (Adds CFO comment on acquisition opportunities)

Morgan Stanley's Chief Financial Officer Jonathan Pruzan said on Wednesday the bank doesn't expect its sales and trading and investment banking business to perform as well in the third quarter as it had in the second.

Shares in Knorr-Bremse fell 6.8% in early trade on Friday after majority investor Heinz Hermann Thiele sold 10 million shares in the German brakes maker.

Morgan Stanley expects Brent crude prices to climb to $50 per barrel by the second half of 2021 supported by a weaker dollar and higher inflation, it said in a note on Wednesday.

Goldman Sachs Group Inc and Morgan Stanley on Friday revised lower two key measures of the banks' ability to deploy cash in an emergency, after the Federal Reserve said it made an error in its June stress test results.

Morgan Stanley posted a record quarterly profit on Thursday that blew past analysts' expectations as another of Wall Street's big investment banks gained from huge swings in financial markets due to the coronavirus crisis.

Morgan Stanley posted a 45% rise in quarterly profit on Thursday, driven by strong trading gains as the coronavirus pandemic whipsawed global financial markets since March.

A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71% from the time she started in wealth management to 2019.

A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay laws, according to a court filing.

A former Morgan Stanley diversity officer filed a lawsuit against the bank on Tuesday, alleging the firm committed acts of racial discrimination and retaliation against her and violated equal pay laws, according to a court filing.

Morgan Stanley Chief Executive Officer James Gorman said on Tuesday the bank expects to set aside a smaller amount of money for potential loan losses in the current quarter, compared with the first quarter.

Morgan Stanley Chief Executive Officer James Gorman said on Tuesday the bank expects to set aside a smaller amount of money for potential loan losses in the current quarter, compared with the first quarter.

Morgan Stanley is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing people with knowledge of the situation.

Morgan Stanley's Chief Executive Officer James Gorman told shareholders on Thursday that it is too early for him or anyone on the board of directors to consider reinstating the bank's share buyback program.

Morgan Stanley's Chief Executive Officer James Gorman told shareholders at its annual meeting on Thursday that it is too early for him or the board of directors to consider reinstating bank's share buy back program.