MS

Morgan Stanley surpassed analysts’ expectations when it reported its second quarter results on Wednesday, but its chief executive officer warned it expects a rough road ahead.

Toscano, who left HSBC last year, resurfaces at Morgan Stanley

Despite more than doubling compensation after acquiring Smith Barney, Morgan Stanley announced Wednesday that earnings swung back to a profit in the first quarter.

Moelis & Co. said on Tuesday it hired John Collins, a general industrial company specialist, as a managing director.

On Wall Street and MainStay Investments will honor the winners at a dinner in New York City.