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And Konrad forecasted Morgan Stanley to meet its 30 percent pretax margin target in 2026. “Although pretax margins are important, management is also focused on strong franchise investment drivin ...
The wealth management group's returns were a contrast to Morgan Stanley's investment banking franchise, which reported 49% decline in revenue in the fourth quarter, to $1.25 billion. "Equity ...
Morgan Stanley Investment Management, the asset-management arm of Morgan Stanley, continues to settle in after its 2021 acquisition of Eaton Vance. Moreover, the impact of recent leadership ...
Morgan Stanley now gets more than half of its revenue from more consistent wealth and investment management business. The bank wants to grow to $10 trillion in client assets long-term. Morgan ...
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM), announced today the final close of North Haven Private Equity Co-Investment Opportunities Fund III LP (PECO III ...
Morgan Stanley on Tuesday ... company's financial report. "Wealth Management provided stability with record revenues and over $310 billion in net new assets, Investment Management benefited ...
Morgan Stanley last month announced that long-time veteran Ted Pick will take over as CEO. Saperstein, who has been head of wealth management, will move up to head both wealth and investment ...