Morgan Stanley

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read

Photo by Alex Proimos via CC BY 2.0

Advisor Upside

Morgan Stanley, American Funds Earn Top Rankings From Financial Advisors

Fees and returns are important to advisors, but so are branding and customer service.

1 min read
Photo by João Vincient Lewis via Unsplash

Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read
Photo by David Jones via Unsplash

Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

The major Wall Street firms plan to lay off hundreds of workers in June.

2 min read

Economics

Wall Street Braces for More Investors Dissing Dollar

Photo by Niconor Brown via Unsplash

The dollar decline comes just as a couple of other key US economic indicators have begun blinking red, too.

2 min read

Economics

Imports Drive Unexpected Contraction in US Economy

Photo by Getty Images via Unsplash

The biggest factor behind the slip in first-quarter GDP was Trump’s will-he-or-won’t-he, start-and-stop trade war.

2 min read

Finance

Trade War Selloff Sends Investors Seeking Shelter Close to Home

Photo by Nattakorn Maneerat via iStock

The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.