Morgan Stanley

Market volatility spurred clients into cash during the fourth quarter.

Of the promotions, 14 were in the wirehouse's wealth management arm.

BlackRock will see the largest reduction to its workforce since 2016.

A member-owned market is the wrong response to rising fees.

By sending orders to an exchange they own, banks and brokers presumably can save money on trading costs.

The bank is the world’s top stock underwriter.

The clients say their advisor improperly invested their funds in a Miami Beach nightclub that failed.

A months-long court fight ended when a judge granted the wirehouse’s request to restrict the advisors’ ability to contact clients.

The regulator accuses her of misconduct; she says the agency is doing Morgan Stanley’s bidding.

The alleged supervisory lapses occurred over a five-year period, according to the regulator.