Sridhar Natarajan

The departure comes as further evidence of CEO David Solomon's failure to live up to pledge to have more women in senior positions.

Jim Esposito was critical of the firm's eventually abandoned push into retail banking.

Officials are looking into the banking giant's anti-money laundering measures with clients outside the U.S.

In rare move, passed-up Saperstein to stay on as head of wealth and asset management.

Saperstein, the president of the big bank's star wealth unit, to be head of wealth and investment management.

The former employee is accused of shuffling information to two friends.

The planned sale marks another step for the Wall Street giant away from previous plans to work more with retail customers.

A sale of the business bought four years ago would undo another part of CEO David Solomon's ill-fated move into managing money for a wider array of clients.

Lisa Opoku follows Julian Salisbury out the door of the Wall Street stalwart.

The change follows multiple reorganizations of the Wall Street giant's asset management division.

While small deals are likely, CEO James Gorman said he’d be reluctant to take on a large-scale acquisition

Asset managers are targeting massive amounts of capital to benefit from credit market stress as the coronavirus leaves many companies in need of support.

Goldman Sachs and rival firm JPMorgan are making strides in the ETF market and taking on giants such as BlackRock, State Street and Vanguard.

"If we don't see better-than anticipated corporate earnings I think the rally will be short-lived," Laurence Fink said.

William Heinzerling, who has led Stifel’s fixed-income business since 2009, is leaving the firm, according to people with knowledge of the matter.

Morgan Stanley said it hired former hedge fund manager Kay Haigh as global head of emerging markets in London, within its foreign exchange and developing markets business.