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2 mins read

Morgan Stanley's No. 2 exec Colm Kelleher is retiring

Kelleher, 61, will continue to serve as a senior adviser, according to a memo to staff on Thursday …

Dakin Campbell   


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3 mins read

'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS

On a Monday call, the overarching view from executives was that "this is very rushed," and "nobody …

Kate Duffy,Lina Batarags,Huil…   


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3 mins read

UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here are some of the passive-aggressive digs from both sides.

UBS acquired Credit Suisse in a rescue takeover this weekend. But neither side seemed to be too hap…

Matt Turner   


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Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says

Recruiters in London, New York, and Singapore have received many calls from Credit Suisse workers a…

Kate Duffy   


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2 mins read

It's official: UBS to acquire Credit Suisse in historic rescue deal

The Swiss National Bank said in a statement Sunday afternoon that the takeover was made possible by…

Jyoti Mann   


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6 mins read

The way companies borrow money is changing forever

A rush of businesses taking loans from private-equity firms, concerns about an opaque market, and a…

Rebecca Ungarino   


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3 mins read

Credit Suisse rescue: The biggest winners and losers from UBS's historic deal

From UBS itself to Credit Suisse's AT1 bondholders, here are the main winners and losers from the b…

George Glover   


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4 mins read

The stock market is going to be trading flat as long as risk-free assets offer much more yield

The stock market doesn't have a lot going for it at the moment. Risk-free yields of around 5% aren'…

Max Adams   


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4 mins read

Sam Bankman-Fried took plenty of blame for FTX's downfall, but denied fraudulent behavior

In one of Sam Bankman-Fried's first public interviews after the FTX crash, he took plenty of blame,…

Dan DeFrancesco   


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5 mins read

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…

Theron Mohamed   


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1 min read

Morgan Stanley just gave its senior leadership bigger roles

President Colm Kelleher will take over as chairman and CEO of Morgan Stanley Bank, N.A., a national…

Portia Crowe   


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3 mins read

Morgan Stanley's president just explained the bank's 'WTF moment'

"What do we know about fixed income for the next three years in terms of secular change and whateve…

Portia Crowe   


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2 mins read

Morgan Stanley's survivor just got a huge new role

During that period, Kelleher won out in a battle of wills with dealmaker Paul Taubman in 2012. Kell…

Portia Crowe   


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3 mins read

Morgan Stanley's top boss has reportedly had more private calls with the US markets regulator chief than any other Wall Street bank

Gorman and Clayton have had at least ten formal conversations in the last three years, including ni…

Shalini Nagarajan   


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2 mins read

'There's a change in the geography': Here's what Morgan Stanley is saying about the first quarter

Fixed income, currency and commodities revenues are set to increase 34% in the first quarter from a…

Portia Crowe   


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3 mins read

Morgan Stanley may be missing out on the big Wall Street rebound

JPMorgan CEO Jamie Dimon and Bank of America Merrill Lynch CEO Brian Moynihan last week both indica…

Portia Crowe   


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1 min read

The power behind the throne at Morgan Stanley - here's who is in line to replace CEO James Gorman

That ended months of speculation about when Blankfein would give up the reigns of the white-shoe fi…

Frank Chaparro   


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MORGAN STANLEY: We will 'certainly' move people out of London before Brexit happens

Kelleher said Morgan Stanley is trying to be as prudent and careful as can be in monitoring the Bre…

Portia Crowe   


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3 mins read

'Fixed income markets around the world are going to double': JPMorgan's Dimon offers a bold outlook and it's a sign bond trading may soar again

Flash back to 2015, when Morgan Stanley made the difficult decision to cut 25% of its fixed-income …

Dakin Campbell