Managers of Wealth Americas

Now Chief Executive James Gorman is focusing on ways to cut even more deeply, leaning on technology and increased outsourcing to cut another $1 billion in costs this year.

Morgan Stanley sees 2016 global recession risk as high as 20 percent

A global recession is loosely defined as growth below the roughly 2.5 percent needed for the world economy to keep up with an expanding population.

Morgan Stanley Heeds Investors With Cuts in Fixed-Income Division

The investor spoke on the condition of anonymity for fear of losing his access to the bank.

Goldman fills vacuum in leveraged buyout market with $8 billion fund

Goldman’s GS Mezzanine Partners VI fund has taken advantage of the vacuum to be one of the most aggressive financiers of leveraged buyouts.

Swedroe: Private Equity Not Worth Fees

He cites a recent disclosure by the California Public Employees’ Retirement System

Robert H.B. Baldwin, Who Led Morgan Stanley’s Growth, Dies at 95

The cause was pneumonia.

There is really only one area of investment banking you want to be in right now

Investment bankers working on mergers and acquisitions had an incredible 2015.

How Goldman Sachs' most senior execs unwind

The series of posts comes as the bank takes strides to improve work-life balance for its e

Jamie Dimon of JPMorgan Still Strong After 10 Years as Chief

Consequently, JPMorgan was able to invest in new branches and technology, including the introduction of new payments systems.

Citigroup’s New Office Plan: No Offices

The wall-less workspace is meant to flatten hierarchies, something banks have traditionally been built on.

There are 2 clear Wall Street winners in the year of the mega-deal

No other Wall Street bank cracked the $5 billion mark for investment-banking revenue.