Tag: Morgan Stanley
Citigroup (C) earnings Q4 2023
Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking [...]
JPMorgan Chase (JPM) earnings Q4 2023
JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional bank [...]
James Gorman talks Disney succession, proxy fight
Morgan Stanley CEO James Gorman said Thursday that he's gearing up to join a succession planning committee at Disney, which will advise the board on c [...]
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transfo [...]
Nelson Peltz seeks seats on Disney board
Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in [...]
Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach
A Shein pop-up store inside a Forever 21 store in Times Square in New York on Nov. 10, 2023.Yuki Iwamura | Bloomberg | Getty ImagesShein has confident [...]
Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
James Gorman, Morgan Stanley CEO, July 18, 2023.CNBCMorgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024. [...]
Big banks cut thousands of jobs, more layoffs coming
Pedestrians walk along Wall Street near the New York Stock Exchange in New York.Michael Nagle | Bloomberg | Getty ImagesThe largest American banks hav [...]
Morgan Stanley (MS) earnings 3Q 2023
James Gorman, Morgan Stanley CEO, July 18, 2023.CNBCMorgan Stanley reported third-quarter earnings before the opening bell on Wednesday.Here's what th [...]
Bank of America (BAC) earnings 3Q 2023
Brian Moynihan, CEO of Bank of America, testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing, Sept. 22, 2022.Tom Williams | [...]
JPMorgan Chase (JPM) earnings 3Q 2023
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, [...]
Comcast, Disney hire Morgan Stanley, JPMorgan to value Hulu
Bob Iger, CEO, Disney, and Brian Roberts of ComcastGetty ImagesComcast and Disney have hired investment banks to value Hulu, the next step in what's b [...]
Bank earnings kick off after another period of rising rates, bad loans
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters [...]
Kellanova bets on snacking as Ozempic, Wegovy take off
The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on Monday, Feb. 24, 2020 [...]
Morgan Stanley uses ChatGPT to help financial advisors
Shannon Stapleton | ReutersMorgan Stanley has officially kicked off the generative AI era on Wall Street.The bank plans to announce Monday that the as [...]