Morgan Stanley

Banking

Goldman Realigns Banking and Markets Divisions to Form Mega-Deals Team

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The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.

2 min read

Photo by The Drink via Unsplash

Banking

Winner of 2024: Investment Bankers

As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.

2 min read
Photo via TradePMR

Advisor Upside

TradePMR’s Robb Baldwin on Robinhood and the American Financial System

The future of American financial technology is being able to do transactions, trades, and payments in one spot, Baldwin said.

2 min read
Photo by Ajay Suresh via CC BY 2.0

Advisor Upside

Morgan Stanley Eyes Startups Ahead of Potential IPO Rebound

A Morgan Stanley partnership with Carta could result in more clients, and more assets, for its advisory business.

2 min read

Markets

BlackRock Strikes Deal With Banks to Provide Closely Held Bond Price Data

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Real-time prices for corporate bonds are hard to come by. A handful of banks want to bring the closely guarded data into the 21st century.

1 min read

Advisor Upside

Morgan Stanley Converts Mutual Funds into First ‘Pathway’ ETFs

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Morgan Stanley is bolstering its ETF suite by converting two mutual funds into exchange-traded funds under the Morgan Stanley Pathway brand.

1 min read

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

Finance

How Will Wall Street’s AI Experiment End?

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

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

ETFs

The Vanguard Patent Shaking Up the Fund Industry

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
Photo by Markus Spiske via Unsplash

Advisor Upside

Advisory Firms Say Thanks, But No Thanks to AI

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

2 min read

Advisor 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