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On the wealth management side, Morgan Stanley posted $4.41 billion of revenue, which was 2% higher than last year and blew away analysts’ estimates for a 9% decline.
July 22 -
The purchase gives the firm, which relies on the U.S. for nearly all revenue, a foothold in Canada.
June 18 -
BlackRock will appoint an “independent fiduciary to vote” on proxies, according to a spokesman.
May 20 -
The firm’s fixed income and currencies trading unit head is among the high-profile executives to leave, according to people familiar with the matter.
April 8 -
The deal will give Janney greater access to the community banking sector.
March 21 -
The robo advisor rolled out a new partnership with a handful of banks to give clients a fully insured place to keep their cash.
February 14 -
Goldman Sachs is looking to sell more services to midsize companies under a plan to generate $5 billion in additional revenue.
February 13 -
In a surprise move, Liz Nesvold sells investment bank Silver Lane Advisors to Raymond James Financial.
January 23 -
Overseeing money for the rich is supposed to be one of the best businesses in banking, but even the world’s biggest wealth manager is finding that it doesn’t always work out like that.
January 22 -
Nobody at the firm today owns more of its stock than Greg Palm.
January 9