Investment banking boost for Bank of America and Morgan Stanley Banking Like other US banks, Morgan Stanley has benefited from a rebound in dealmaking activity, which fell off a cliff last year due to the impact of higher interest rates and economic uncertainty.
Metro Bank revives multibillion-pound mortgage sale after rescue Banking Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound Banking Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
Morgan Stanley to join Wall Street rivals in scrapping bonus cap for UK staff July 1, 2024 Morgan Stanley is planning to follow its Wall Street rivals in scrapping an EU-imposed cap on bonuses for its top UK bankers.
Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley May 3, 2024 Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded
Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley April 28, 2024 Canary Wharf agreed to put £150m towards the refurbishment of Morgan Stanley's office as part of the deal that kept the bank in the district.
Morgan Stanley sails past estimates as investment banking rebound boosts profit April 16, 2024 Morgan Stanley's profit has been lifted by a recovery in investment banking as the firm joins fellow Wall Street giants in benefitting from a rebound in dealmaking and capital markets activity.
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.