Morgan Stanley

Finance

How Will Wall Street’s AI Experiment End?

Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

Like money, artificial intelligence never sleeps. Financial institutions have pulled out all the stops to fit AI into their own operations.

5 min read
ETFs

The Vanguard Patent Shaking Up the Fund Industry

Photo illustration by Connor Lin / The Daily Upside, Photo via Freepik

Nearly 50 years ago, Vanguard disrupted the investing world by launching the first index fund for individual investors. Now comes the sequel.

5 min read
FA Upside

Advisory Firms Say Thanks, But No Thanks to AI

Photo by Markus Spiske via Unsplash

Artificial intelligence may be one of the fastest-growing tools in business, but don’t tell that to the compliance department.

2 min read
FA Upside

Why This Little-Known Wall Street Revenue Stream Is Drying Up

Photo by Toonari Post via CC BY-SA 2.0

The jig may be up for cash sweeps, which have long been one of Wall Street’s most lucrative — and hush-hush — revenue streams.

2 min read
FA Upside

How Interest Rates Cut Into Morgan Stanley’s Earnings

Photo by Ginton via iStock

Morgan Stanley’s performance was held down by its wealth management division and a Federal Reserve that is stuck in neutral on rate cuts.

1 min read
FA Upside

Morgan Stanley Clients Earned .01% on Cash. Now, They’re Suing

Photo by Ajay Suresh via CC BY 2.0

A class-action lawsuit filed by a former Morgan Stanley customer revolves around cash sweeps that earn additional income on uninvested cash.

2 min read
International Economics

Amid Wars and Economic Malaise, Latin America Could Be a Place to Grow

Photo by Alex Proimos via CC BY 2.0

While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.

1 min read
M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read