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A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley.
By Hugh SonAugust 21 -
Morgan Stanley agreed to pay $275 million to resolve a U.S. regulators claim the company misled investors in the sale of more than $2.5 billion of bonds backed by home loans.
July 24 -
After the Federal Reserve Bank of New York was said to have faulted the regulatory reports of some of the firms U.S. businesses last year, the bank dropped in Frankfurt trading.
July 23 -
UBS, Switzerlands biggest bank, named former U.S. Senator George Mitchell chairman of a new advisory council for the firms business in the Americas.
June 24 -
Morgan Stanley will boost profitability as it pays brokers a smaller cut of revenue and the firms commodities business earns better returns following sales of two units, CEO James Gorman said.
June 11