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Morgan Stanley

Lawsuit Alleges Sam Bankman-Fried Utilizes FTX Funds to Pay Defense Attorneys

by Ev Richard
Lawsuit Alleges Sam Bankman-Fried Utilizes FTX Funds to Pay Defense Attorneys

Indicted FTX founder Sam Bankman-Fried exits United States Court in New York City, June 15, 2023. Mike Segar | Reuters Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued …

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Categories Technology

Morgan Stanley Urged to Account for Ponzi Scheme as Victims Seek Answers

by Craig Fedirighi
Morgan Stanley Urged to Account for Ponzi Scheme as Victims Seek Answers

A former financial advisor from Morgan Stanley has been sentenced to over seven years in prison for operating a Ponzi scheme that targeted the firm’s clients for more than ten …

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Categories Business

Status update: These non-tech stocks are making a surprising comeback

by Milton Acorn
Status update: These non-tech stocks are making a surprising comeback

A number of Club stocks that were unloved on Wall Street earlier in the year have seen their fortunes rebound in recent months, including oilfield-services firm Halliburton (HAL) and industrial …

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Categories Science

2Q 2023 Earnings Report of Goldman Sachs (GS)

by Adrian Jhonsan
2Q 2023 Earnings Report of Goldman Sachs (GS)

Goldman Sachs on Wednesday posted profit below analysts’ expectations amid writedowns tied to commercial real estate and the sale of its GreenSky lending unit. Here’s what the company reported: Earnings: …

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Categories World

Key Bank’s stock experiences significant growth, despite Cramer’s unwavering adherence to his principles.

by Adesola Mojo
Key Bank’s stock experiences significant growth, despite Cramer’s unwavering adherence to his principles.

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli …

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Categories Automobile

Morgan Stanley (MS) Reports Earnings for Q2 2023

by Adrian Jhonsan
Morgan Stanley (MS) Reports Earnings for Q2 2023

CEO of Morgan Stanley James Gorman speaks in New York, May 6, 2014. Getty Images Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by …

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Categories World

Key Points to Understand Prior to the Stock Market Opening on Tuesday

by James Odonell
Key Points to Understand Prior to the Stock Market Opening on Tuesday

Here are the most important news items that investors need to start their trading day: 1. Dow on a tear 2. Bank earnings drive the day 3. Goldman drops recession …

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Categories Politics

Bank of America (BAC) Reports 2Q 2023 Earnings

by Adrian Jhonsan
Bank of America (BAC) Reports 2Q 2023 Earnings

Brian Moynihan, CEO of Bank of America Corp., during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., Sept. 22, 2022. Al Drago | Bloomberg | Getty …

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Categories World

Wall Street downgrades as fears of Chinese deflation compound growth concerns

by Adrian Jhonsan
Wall Street downgrades as fears of Chinese deflation compound growth concerns

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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Categories World

Tech Advances Boost Investment Banking at Morgan Stanley

by Adrian Jhonsan
Tech Advances Boost Investment Banking at Morgan Stanley

Morgan Stanley (MS) is set to report quarterly earnings before the opening bell Tuesday. Investment banking is a line item in focus — not for what it can deliver in …

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Categories World
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