Morgan Stanley said it will cut back on using recruitment bonuses to poach established financial advisers as a new rule throws the industry's traditional hiring practices into doubt. The firm will honor certain existing recruitment deals while it comes.
However, one Wall Street firm sees trouble ahead for Twitter , after Morgan Stanley's Brian Nowak said in a note on Thursday that he expects the stock to eventually drop 50% due to lack of spending from advertisers. If Nowak is right, then shares of.
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U.S. stock futures are headed higher this morning, as the major market indices test fresh all-time highs. A continued rebound in energy prices is providing lift, after Russia and Saudi Arabia vowed to extend OPEC's production cuts for another nine months.
Call them cyborgs. Morgan Stanley is about to augment its 16,000 financial advisers with machine-learning algorithms that suggest trades, take over routine tasks and send reminders when your birthday is near. The project, known internally as “next best .
David Bahnsen, who manages around $1.1 billion for clients as a partner at HighTower Advisors ... at Morgan Stanley and five at UBS Financial Services, said he doesn’t expect much client reaction because he has been very public on his Twitter feed.
“If they pass some of [Trump's agenda], even just reducing the corporate tax, the economy is going to be in very good shape,” says Marvin McIntyre, a financial advisor in Morgan Stanley's Washington, D.C., office. “If nothing is done and there's.
Jeb Hensarling, chairman of the House Financial Services Committee, called the Consumer Financial Protection Bureau a rogue agency in a WSJ opinion piece today. I read the article this morning, and it's a well-written piece. It won't make Sen.
BlackRock leads funding round for fintech platform iCapital PE Hub (subscription) (blog.
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