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Morgan Stanley is in “advanced discussions” with the IRS to resolve any client tax underpayments, according to an SEC filing.
By Hugh SonFebruary 28 -
The wirehouses have been offering packages worth 200% to 250%, down from previous highs around 350%.
By Hugh SonFebruary 27 -
The move is intended to better satisfy clients who are increasingly asking for more clarity, according to the firm.
By Laura J. KellerFebruary 1 -
The wirehouse will make “many” of the pricing and product design changes it planned last year, include lowering commissions for trades involving stocks and ETFs “to the benefit of our clients,” according to an internal memo.
By Hugh SonJanuary 27 -
James Gorman earned $22.5 million after the firm made progress toward financial targets and its stock rose by a third.
By Anders MelinJanuary 23 -
Silicon Valley-based Addepar says it is in talks with other wirehouses for use of its software, too.
By Hugh SonJanuary 10 -
The bank has already taken action in instances of staff misbehavior, according to Chief Financial Officer Marianne Lake.
By Hugh SonOctober 14 -
The lawsuit highlights a friction that exists at financial-services firms that put employees into their own product.
By Hugh SonAugust 19 -
Banks are racing to incorporate new technology to fend off new entrants seeking to steal established firms’ customers.
By Hugh SonJune 3 -
Vice Chairmen Dan Cummings and Sam Chapin, who helped meld the wealth management firm to the bank after the financial crisis, are stepping down.
By Laura J. KellerMay 25